Consider an asset that trades at R72 today. Suppose that the European put option on this asset is available with a strike price of R70. The option expires in 145 days, and the volatility is 40%. The continuously compounded risk-free is 10% per annum. The asset will pay a first dividend of R2 in 40 days and a second dividend of R2.50 in 130 days. Determine the value of the European call option using the Black-ScholesMerton model. Assume that there are 365 days in the year