Practice Quiz

FINRA Series 7

Category - Series 7

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Which of the following statements is not true about exchange traded options?
  1. they are adjusted for stock dividends
  2. they are adjusted for stock splits
  3. they are adjusted for cash dividends
  4. they are adjusted for reverse splits
Explanation
Answer: C - they are adjusted for cash dividends. This is the statement that is “not” true.
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