A trader has a put option contract to sell 100 shares of a stock for a strike price of
Chapter 10, Problem 10.24(choose chapter or problem)
A trader has a put option contract to sell 100 shares of a stock for a strike price of $60. What is the effect on the terms of the contract of (a) A $2 dividend being declared (b) A $2 dividend being paid (c) A 5-for-2 stock split (d) A 5% stock dividend being paid.
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