Question
Special Electric will pay a dividend of $3 next year, $2 two years from now and $1 in year 3 and every year after that.
Special Electric will pay a dividend of $3 next year, $2 two years from now and $1 in year 3 and every year after that. What price should the stock be trading at if the appropriate discount rate is 6%?
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$19.44
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$17.26
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$18.60
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$20.33
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Covered Calls Option Trading Strategy
Authors: Andrew P.C.
1st Edition
1549658697, 978-1549658693
