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4. A 10% cash dividend is declared on stock XYZ. You owned one July 110 XYZ call (i.e. exercise price is 110) on the CBOE
4. A 10% cash dividend is declared on stock XYZ. You owned one July 110 XYZ call (i.e. exercise price is 110) on the CBOE before this dividend was declared. The terms of the contract after the ex-dividend date will give you the right to purchase a. 100 shares at an exercise price of 110 b. 110 shares at an exercise price of 100 c. 110 shares at an exercise price of 110 d. 100 shares at an exercise price of 100 e. None of the above
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