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13. Suppose the Dow Jones index is made from these stocks: ABC ($185) and CBS ($154). Because of a two for one split CBS closed
13. Suppose the Dow Jones index is made from these stocks: ABC ($185) and CBS ($154). Because of a two for one split CBS closed at $77 per share. As such the
a. market losses 92.5 points
b. divisor changed to 1.5
c. markek is unchanged
d. market rose 92.5 points
e. both B and C
14. Regina bought a call option with a strike price of $60. She will be ___ the money if the market price ___ to ___
a. At, rises, $100
b. In, rises, $80
c. Out of, rises, $100
d. None of these
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