Question
3. You purchased 5 contracts of 60-strike calls for a stock currently trading at $63.25. The stock splits 3:2. You now have ______contracts with a
3. You purchased 5 contracts of 60-strike calls for a stock currently trading at $63.25. The stock splits 3:2. You now have ______contracts with a strike of ______, each contract representing _______ shares.
please explain and provide correct answer otherwise downvote and report
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Principles of Economics
Authors: N. Gregory Mankiw
8th edition
1305585127, 978-1305971493, 978-1337516860, 1337516864, 978-0357539200, 978-1305585126
