Suppose the interest rate is 0% and the stock of XYZ has a positive dividend yield. Is

Question:

Suppose the interest rate is 0% and the stock of XYZ has a positive yield. Is there any circumstance in which you would early-exercise an American XYZ call? Is there any circumstance in which you would early-exercise an American XYZ put? Explain.
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their...