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1 . A trader has a put option contract to sell 1 0 0 shares of a stock for a strike price of $ 5

1. A trader has a put option contract to sell 100 shares of a stock for a strike price of $50. What is the effect on the terms of the contract of the following?
a. A $5 dividend being declared.
b. A $5 dividend being paid.
c. A 5-for-2 stock split.
d. A 5% stock dividend being paid.

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