Question $4$: contains four parts, $($a$),($b$),($c$),$ and $($d$).$ A trader has a put option

contract to sell $100$ shares of a stock for a strike price of $$60.$

What is the effect on the terms of the put contract of the if a

$$5$ dividend is declared? Is this event $($and$/$or changes in terms of contract$)$

beneficial to the put holder?