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5. An asset pays a dividend of 300$ at time t + 3 and no dividends at other times. The interest
rate is r = 4% . What is the price of the asset at time t ?

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  • 1. 5. An asset pays a dividend of 300$ at time t + 3 and no dividends at other times. The interest rate is r = 4% . What is the price of the asset at time t ?