The call-put parity definesthe lower and upper limits for the difference in American call and put option prices(C-P). What will happen tothese limits if the company makesa decision to pay dividendswith present value of Dbut doesnot announce the exact day of thedividendpayment (i.e., it can pay the dividends at any time before the maturity time T)?

A) Thelimits will not change

B) The upperlimit will increase

C) The lowerlimit will decrease

D) The upperlimit will decrease

E) The lower limit will increase

F) Both B and E

G) Both C and D