Question: Why when the stock pays dividends. Give a numerical example (choosing x, k, r, Tt,) in which it is obvious (without any formulas) that American

Why when the stock pays dividends. Give a numerical example (choosing x, k, r, Tt,) in which it is obvious (without any formulas) that American put price on

a nondividend paying stock is larger then the corresponding European put price.

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