Riskless rate = 5% Dividend yield = 20% Number of periods each year = 1 Binomial inputs Up movement in binomial = 1.1993743 Down movement in binomial = 0.5177825
Value today $33.50
One period from now $40.18 $17.35 Two periods from now $48.19 $20.80 $8.98 Three periods from now $57.80 $24.95 $10.77 $4.65 Four periods from now $69.32 $29.93 $12.92 $5.58 $2.41 Five periods from now $83.14 $35.89 $15.50 $6.69 $2.89 $1.25