Consider an exchange traded put option to sell 100 shares


Consider an exchange traded put option to sell 100 shares for $30. Give (a) the strike price and (b) the number of shares that can be sold after:

(i) A 4 for 1 stock split a) ____________ b ____________

(ii) A 25% stock dividend a) ____________ b ____________

(iii) A $5 cash dividend a) ____________ b ____________

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Financial Management: Consider an exchange traded put option to sell 100 shares
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