Which of the Following Statements Is False

Which of the following statements is false?

A) If the underlying stock does not pay dividends, an investor should never exercise an American call option early.
B) The Black-Scholes formula can be used to determine the value of American call options on non-dividend paying stocks.
C) The Black-Scholes formula can be used only to calculate the values of call option; it does not apply to put options.
D) The Black-Scholes formula was developed using European options and, therefore, can calculate the value of an American call option only on its final expiration date.