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! A trader has 3 call option contracts, each on 100 shares of a stock for a strike price of $140. What is the effect

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! A trader has 3 call option contracts, each on 100 shares of a stock for a strike price of $140. What is the effect on the terms of the contract of: a) A $3 dividend being declared b) A $3 dividend being paid c) A 7-for-2 stock split d) A 20% stock dividend being paid

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