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Business, 10.02.2020 22:00 oliviaschmitt0

Your client holds 1 listed XYZ August 50 call. A cash dividend of $2.50 per share is declared. On the ex-date, the terms of the call are:

(A)Exercise Price: $47.50, Number of Underlying Shares per Contract of XYZ: 102

(B)Exercise Price:$50.00, Number of Underlying Shares per Contract of XYZ: 100

(C)Exercise Price: $52.50, Number of Underlying Shares per Contract of XYZ: 97

(D)Exercise Price: $52.50, Number of Underlying Shares per Contract of XYZ: 102

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