Frank Müller
Germany Berlin Unspecified
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Some Questions:
1. Two players want to sell at the tailor. After the first player has sold, the price jumps over 100. So its time for price bottoming. Does the price fell down immediately to 40 ducats or does it fell down not till then the second player has sold for the high price?
2. When is the dividend paid? Immediately after one player has completed his action or after all players have completed their actions?
Thanks for the answers Fritz
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Frank DiLorenzo
United States Tampa Florida
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1 - The price drops immediately after the first player sells. It goes to 40 ducats.
2 - The dividend is paid after each transaction that causes the dividend. So in this case, the first dividend occurs when the first player sells his fabric to the tailor and is based on the higher price. The second dividend occurs after the second player sells his fabric and is based on the 40 ducat price ( which means 80 ducats per unit for each one sold at the tailor)
Hope that helps!
Frank
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