5. (10 pts) In case of dividend payment, the Black-Schole formula for current price of a European call is c(0) = (S(0) - clico)+(41)- TTX4(). where divo denotes the present value of the dividend; X is the strike price; (u) is the In S(O)-ding (1402) standard normal distribution function; di OVT and d, = d; -OVT In S0)_ding 1(0 $02)T Show that the current price of the corresponding European put is PF(0) = e VT X (-12) - (S(0) - divo)(-d1). OVT (Hint: Use the Put-Call Parity (sce (7.5) on page 152 of the textbook.)) CE PE = S(0) - divo Xe-rT (7.5)