2c) Give an example to show that the American put can be worth more than the European put, that is, where immediate exercise of the American gives payout at times T strictly greater than the payout of...

2c) Give an example to show that the American put can be worth more than the European put, that is, where immediate exercise of the American gives payout at times T strictly greater than the payout of the European. Hint: Exercising early means the strike price K will be received early.