Consider an option on a non-dividend-paying stock when the stock price is $50, the exercise price is $47, the risk-free interest rate is 6% per annum, the volatility is 30% per annum, and the time to maturity is three months. a. What is the price of the option if it is a European call? b. What is the price of the option if it is a European put? c. Let us assume that this is a dividend paying stock, with a dividend of $1.50 is expected in two months, what is the price of the option if it is a European call