Question: Suppose that MMM had a three-for-one split right now that is on AUG 19 when the prices in the table are the market prices. Explain

 Suppose that MMM had a three-for-one split right now that ison AUG 19 when the prices in the table are the market

Suppose that MMM had a three-for-one split right now that is on AUG 19 when the prices in the table are the market prices. Explain in details and show the new numbers price, and the rest of the adjustments. Note: all the adjustments are to the nearest cent. MMM; TUE August 19 2014. Se = 27.50 CALLS - LAST PUTS - LAST Sep14 Apr15 Sep14 Oct14 --- Jan 15 8.50 Apr15 --- 20 Oct14 | Jan15 --- 35 .50 25 3.50 3.80 .15 27.5 1.35 .55 --- --- 30 --- 1.70 2.40 --- 2.75 4.20 32.5 .45 .75 1.30 5.85 --- 8.75 35 .05 .35 1.00 --- 8.10 8.85 9.50 37.5 --- .24 .50 11.00 11.74 12.50 Suppose that MMM had a three-for-one split right now that is on AUG 19 when the prices in the table are the market prices. Explain in details and show the new numbers price, and the rest of the adjustments. Note: all the adjustments are to the nearest cent. MMM; TUE August 19 2014. Se = 27.50 CALLS - LAST PUTS - LAST Sep14 Apr15 Sep14 Oct14 --- Jan 15 8.50 Apr15 --- 20 Oct14 | Jan15 --- 35 .50 25 3.50 3.80 .15 27.5 1.35 .55 --- --- 30 --- 1.70 2.40 --- 2.75 4.20 32.5 .45 .75 1.30 5.85 --- 8.75 35 .05 .35 1.00 --- 8.10 8.85 9.50 37.5 --- .24 .50 11.00 11.74 12.50

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!