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Consider a call option with an embedded right to buy 500 shares for $62 per share. Suppose there is a 5 for 1 stock split,
Consider a call option with an embedded right to buy 500 shares for $62 per share. Suppose there is a 5 for 1 stock split, the terms should be adjusted for the option to buy ______ shares for ______ per share after the stock split. a. 500, $12.4 b. 3000, $10.33 c. 2500, $12.4 d. 2500, $10.33
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