On April 30, 2007, a common stock is priced at $52.00. You are given the following:

(i) Dividends of equal amounts will be paid on June 30, 2007 and September 30, 2007.

(ii) A European call option on the stock with strike price of $50.00 expiring in six months sells for $4.50.

(iii) A European put option on the stock with strike price of $50.00 expiring in six months sells for $2.45.

(iv) The continuously compounded risk-free interest rate is 6%.

Calculate the amount of each dividend.

(A) $0.51 

(B) $0.73 

(C) $1.01 

(D) $1.23 

(E) $1.45