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QUESTION 11 Consider an exchange-traded call option contract to buy 600 shares with a strike price of $100 and maturity in four months. Explain how

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QUESTION 11 Consider an exchange-traded call option contract to buy 600 shares with a strike price of $100 and maturity in four months. Explain how the terms of the option contract change when there is 1. A 5% stock dividend The option contract becomes one to buy shares with an exercise price of $ (please keep two decimal places for the price) 2. A 7-for-3 stock split The option contract becomes one to buy shares with an exercise price of $ (please keep two decimal places for the price)

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