Which of the following is TRUE for the European options when dividends are expected? The basic put-call parity formula can be adjusted by subtracting the dividend yield from the interest rate. Put-call parity does not hold. The basic put-call parity formula can be adjusted by subtracting the present value of expected dividends from the stock price. The basic put-call parity formula can be adjusted by adding the present value of expected dividends to the stock price