Question
If HKK stock is trading at $100 and there is a 5% stock dividend, the holder of a HKK 105 put contract would now have
If HKK stock is trading at $100 and there is a 5% stock dividend, the holder of a HKK 105 put contract would now have the right to sell:
| 100 shares at $110.25 per share. |
| 105 shares at $95.24 per share. |
| 100 shares at $105 per share. |
| 105 shares at $100 per share. |
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Microeconomics: An Intuitive Approach With Calculus
Authors: Thomas Nechyba
2nd Edition
1305650468, 978-1305650466
