Kind of rational. You get a 5% discount in your dividend.
well, then the price should be 5% of .5% (.025%) less, cause that's the difference.
4% > .025%
No, because the 5% reduction is to
all dividends, not just that one!
well, ok, so let's look at dividends for the year (4.3, 30% APR). 5% of that is .0645 btc.
4% price difference doesn't make sense when your fee is 5% of the dividend (usually less than 1%).