4.(10pt) Explain why an American option on a stock paying continuous dividend yield is always worth as much as its intrinsic value. Give a numerical example of a situation when European option is worth less than intrinsic value. (Give the numerical value of stock price, strike price, time to expiration, etc.) 4.(10pt) Explain why an American option on a stock paying continuous dividend yield is always worth as much as its intrinsic value. Give a numerical example of a situation when European option is worth less than intrinsic value. (Give the numerical value of stock price, strike price, time to expiration, etc.)