Suppose the stock pays a $1.10 dividend with an ex-dividend date of September 10. Rework part a

Question:

Suppose the stock pays a $1.10 with an ex-dividend date of September 10. Rework part a of problem 7 using an appropriate dividend-adjusted procedure. Calculate this answer by hand and then recalculate it using Black Scholes-Merton Binomial 10e.xlslm?
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...