(d) Let a discrete dividend with the dividend yield dy be paid out on the underlying S at time td. (i) Formulate the jump condition for the underlying price S at time to and explain carefully the meaning of all parameters and variables you use in the jump condition. (ii) Consider the dividend yield dy = 0.2. The value of S immediately after the dividend pa 10.00. What is the value of S immediately before the dividend payment? = ent is s =