(20 pts) Suppose the stock S pays dividend 8 at time to with to (0, T'). Let CA and PA be the prices of American call and put options, each with the same exercise price X and exercise time T. Use No-arbitrage arguments to prove that: CA - PA > S(0) - de lo X, where we assume the continuous interest rate is the constant r. (20 pts) Suppose the stock S pays dividend 8 at time to with to (0, T'). Let CA and PA be the prices of American call and put options, each with the same exercise price X and exercise time T. Use No-arbitrage arguments to prove that: CA - PA > S(0) - de lo X, where we assume the continuous interest rate is the constant r