Question: A trader has a put option contract to sell 100 shares of stock for a strike price of $60. What's the effect on the terms

A trader has a put option contract to sell 100 shares of stock for a strike price of $60. What's the effect on the terms of the contract if (a) a $2 cash dividend (b) a 5-for-2 stock split (c) a 5% stock dividend being paid

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