I need someone to answer me this Qs. Thanks in advance!

QUESTION 3 (25 MARKS) (a) One of the assumptions under Black Scholes Option Pricing model is no issuance of dividend. Explain how to include dividend payment in the Black-Scholes model. (5 marks) (b) Explain the main difference between a European and an American option. (5 marks) (c) Based on the information below, apply Black-Scholes Options Pricing Model (BSOPM) to calculate the correct price of a put option. Stock price RM11.00 Exercise Price - RM10.00 Interest rate=4% p.a. Time remaining to maturity - 90 days Standard deviation -0.50 Decompose the put value found in part (c) into intrinsic value and time value. (15 marks) QUESTION 3 (25 MARKS) (a) One of the assumptions under Black Scholes Option Pricing model is no issuance of dividend. Explain how to include dividend payment in the Black-Scholes model. (5 marks) (b) Explain the main difference between a European and an American option. (5 marks) (c) Based on the information below, apply Black-Scholes Options Pricing Model (BSOPM) to calculate the correct price of a put option. Stock price RM11.00 Exercise Price - RM10.00 Interest rate=4% p.a. Time remaining to maturity - 90 days Standard deviation -0.50 Decompose the put value found in part (c) into intrinsic value and time value. (15 marks)