Consider a stock put option with strike price $152 and time to expiration of 6 months. The current stock price of the underlying is $117. Calculate the new strike price of the option if the firm pays a 8 % stock dividend. (Round your answer to full cents.)
Consider a stock put option with strike price $152 and time to expiration of 6 months. The current stock price of the underlying is $117. Calculate the new strike price of the option if the firm pays a 8 % stock dividend. (Round your answer to full cents.)
Chapter20: Financing With Derivatives
Section: Chapter Questions
Problem 2P
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