Question
Consider an exchange traded put option to sell 200 shares for $60 per share (strike price)for company ABC.Suppose the company ABCannounces a 3for 2stock split,please
Consider an exchange traded put option to sell 200 shares for $60 per share (strike price)for company ABC.Suppose the company ABCannounces a 3for 2stock split,please answer the following questions.
(a)What isthe new strike price after the stock split?
(b)What isthe number of shares that can be sold after thestock split
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Entrepreneurial Finance
Authors: J. Chris Leach, Ronald W. Melicher
6th edition
1305968352, 978-1337635653, 978-1305968356
