An exchange-traded call option to buy 100 shares has a strike price of $60. Explain how the following will be affected: (a) contract size, (b) strike price, and (c) the price of the option, in the following situations. You do NOT have to calculate a price, just indicate whether it will increase, decrease, or there will be no change. 5. (a) (3 points) a 20% stock dividend. Strike price: Contract size: Option price (increase, decrease, or no change): (b) (3 points) a 4-for-3 stock split. Strike price: Contract size: Option price (increase, decrease, or no change) (c) (3 points) a 5% cash dividend Strike price: Contract size: Option price (increase, decrease, or no change) Page 2 of 4 (d) (3 points) an announcement of an unexpected increase in earning:s Strike price: Contract size: Option price (increase, decrease, or no change)