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Options
- A
Ordinary
-
Extra-Ordinary
Correct answer
- C
Both Ordinary and Extra-Ordinary
- D
No adjustment is made for any type of dividend
Why this is the answer
Dividends below 2% of the underlying stock’s market value are considered ordinary, with no F&O adjustment. Dividends at or above 2% are extra-ordinary, requiring adjustments in Equity F&O.
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