n NISM Certifications
VIII NISM Series VIII
Medium

For extraordinary dividends above 2% of the market value of the underlying security, the amount of the dividend is _____ the strike price of options on the stock.

Practice question from NISM Series VIII - Mock Test 1 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Divided by

  2. Subtracted from

    Correct answer

  3. C

    Added to

  4. D

    Multiplied to

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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