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DCB bank have just announced that a dividend of $0.72 will be paid in 1 years time and an additional dividend of $1.28 will be

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DCB bank have just announced that a dividend of $0.72 will be paid in 1 years time and an additional dividend of $1.28 will be paid in 8 years time. b) Taking this new information into account, calculate the adjusted price of the call option. Give your answer in dollars and cents to the nearest cent and assume that the time between the ex-dividend date and actual payment of the dividend has a negligible effect. Adjusted price of call option =$

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