Black-Scholes-Merton model:

spot price 66

strike price 68

risk-free rate of return 6% and the fact that the volatility of the share price is 18%, answer following questions:

i. What is the price of an eight-month European call?

j. What is the price of an eight-month American call?

k. What is the price of an eight-month European put?

How would your result from k. change if a dividend of $1 is expected in three months?

How would your result from k. change if a dividend of $1 is expected in ten months?