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Q 1 2 : A stock is trading at 1 0 1 . 3 4 $ when the company pays a 1 3 % stock
Q: A stock is trading at $ when the company pays a stock dividend. Call and put options on the stock with exercise prices of $ are traded on an exchange. If the exchange adjusts the terms of options for stock dividends, what must be the adjusted exercise price for the options to the nearest cent
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