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Consider a two - period binomial model, where each period is 6 months. Assume the stock price is $ 7 5 . 0 0 ,

Consider a two-period binomial model, where each period is 6 months. Assume the stock price is $75.00,\sigma =0.35, and r =0.05. An American call option with a strike price of $80 would be
exercised early at what dividend yield? ()
(A)5.0%
(B)7.0%
(C)9.0%
(D) Never exercise early

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