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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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