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(8 points) An investor has exchange-traded put options to sell 600 shares for $45. What is the effect on the terms of the contract of:
(8 points) An investor has exchange-traded put options to sell 600 shares for $45. What is the effect on the terms of the contract of: (1) a 3-for-5 stock split (2) a 7% stock dividend being paid. (3) a $3 dividend being declared (-) a $3 dividend being paid
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