Intro The current price of a stock is $119 and the annual standard deviation of the rate of return on the stock is 39%. The stock is expected to pay dividends of $1.57 in 2 months and $1.57 in 5 months. A European put option on the stock has a strike price of $80 and expires in 0.7 years. The risk-free rate is 5% (continuously compounded). Attempt 1/1 for 10 pts, Part 1 What is the present value of the dividends? 1+ decimals Submit Attempt 1/1 for 10 pts. Part 2 What is the value of N(-dy) in the Black-Scholes formula? 31 decimals Submit