-
And this is original ownership by B of stock alpha.
-
This original ownership by A of stock beta, and this is the
-
original ownership by B of stock beta, original ownership of alpha.
-
Thanks.
-
Yes?
-
Student: Having defined all of these could you redefine
-
what D stands for?
-
Prof: D is the dividend.
-
That's the output that we can all--thank you.
-
I should just write this down.
-
This is the anticipated dividend, which is the output
-
since that's the end of the world of stock alpha in period 2.