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The stock of Harford Inc. is about to pay a $0.30 dividend. It will pay no more dividends for the next month. Consider call options that expire in one month. If the interest rate is 6% APR? (monthly compounding), what is the maximum strike price where it could be possible that early exercise of the call option is? optimal?

The maximum strike price is $________ (Round to the nearest? dollar.)

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