If the Stock Makes a Dividend Payment Before the Expiration

Multiple Choice

If the stock makes a dividend payment before the expiration date then the put-call parity is:

A) Value of call = value of put + share price - present value (PV) of dividend -PV of exercise price
B) Value of call = value of put - share price + PV of dividend - PV of exercise price
C) Value of call = value of put + share price + PV of dividend + PV of exercise price
D) Value of call = value of put + share price + PV of dividend - PV of exercise price