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this is my last homework question and I can't figure it out 0/10 pts d Question 8 Tip Top is waiting for his stock options
this is my last homework question and I can't figure it out
0/10 pts d Question 8 Tip Top is waiting for his stock options to vest. Once they vest in 7 years, he will receive shares that will pay $1,700 in dividends every year for 10 years. (The first dividend will be paid 8 years from today.) If Tip Top has a discount rate of 6.5%, what are his stock options worth to him today? Answer as a dollar amount rounded to 2 decimal places (e.g., 12.34). 0 / 10 pts CStep by Step Solution
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