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An investor has exchange-traded put options to sell 100 shares for $20. There is a $6 cash dividend. Which of the following is then the

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An investor has exchange-traded put options to sell 100 shares for $20. There is a $6 cash dividend. Which of the following is then the position of the investor? The investor has put options to sell 100 shares for $19 The investor has put options to sell 100 shares for $26 The investor has put options to sell 105 shares for $19 The investor has put options to sell 100 shares for $20

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