You just purchased three exchange traded call option contracts 300 options on XYZ stock with the strike price of options is $350.00 and maturity is in three months. The current price of the underlying stock is $350.00.

A. Explain how the terms of the option contract change when there is a 4% stock dividend.

B. Explain how the terms of the option contract change when there is a $2 an 40 cent cash dividend

C. Explain how the terms of the option contract change when there is a four for one stock split .

D. What is the margin requirement?

E. What is the intrinsic value of these options?