Suppose in any period dividend on a share takes one of four values, $0.00, $0.04, $0.14 or $0.30 with equal probability in each period and trades for 15 periods after which it becomes valueless. At the beginning of the 11^th period, the expected dividend from this share is: A) $0.60. B) $3.60. C) $2.25. D) $0.15.

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The Answer of Suppose in any period dividend on a share takes one of four values, $0.00, $0.04, $0.14 or $0.30 with equal probability in each period and trades for 15 periods after which it becomes valueless. At the beginning of the 11^th period, the expected dividend from this share is: A) $0.60. B) $3.60. C) $2.25. D) $0.15.

Suppose in Any Period Dividend on a Share Takes One