09. What difference does it make to your calculations in the previous problem (Q8) if a dividend of $1.50 is expected in two months? Q10. What is the price of a European call option using the Black -Scholes model on a non- dividend paying stock when the stock price is $52, the strike price is $50, the risk-free interest rate is 12% per annum, the volatility is 30% per annum, and the time to maturity is three months? At what future stock price will the buyer of the call option breakeven? Q11. What is the price of a European put option on a non-dividend-paying stock using the Black -Scholes model when the stock price is $69, the strike price is $70, the risk-free interest rate is 5% per annum, the volatility is 35% per annum, and the time to maturity is six months? At what future stock price will the buyer of the put option breakeven? 09. What difference does it make to your calculations in the previous problem (Q8) if a dividend of $1.50 is expected in two months? Q10. What is the price of a European call option using the Black -Scholes model on a non- dividend paying stock when the stock price is $52, the strike price is $50, the risk-free interest rate is 12% per annum, the volatility is 30% per annum, and the time to maturity is three months? At what future stock price will the buyer of the call option breakeven? Q11. What is the price of a European put option on a non-dividend-paying stock using the Black -Scholes model when the stock price is $69, the strike price is $70, the risk-free interest rate is 5% per annum, the volatility is 35% per annum, and the time to maturity is six months? At what future stock price will the buyer of the put option breakeven