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An investor is in an option position which gives him/her the right to buy 100 shares for $30 each. There is a 3 for 1
An investor is in an option position which gives him/her the right to buy 100 shares for $30 each. There is a 3 for 1 stock splits. Then, there is a 25% stock dividend. Which of the following is correct regarding investor's position after the stock splits and stock dividend? Select one: O a. Call options to buy 325 shares for $12.5. O b. There is no correct answer. c. Call options to buy 75 shares for $16.5. O d. Call options to buy 300 shares for $10. O e. Call options to buy 375 shares for $8. Clear my choice
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