16.22. The futures price of an asset is currently 78 and the risk-free rate is 3%. A six-month put on the futures with a strike price of 80 is currently worth 6.5. What is the value of a sixmonth call on the futures with a strike price of 80 if both the put and call are European?

What is the range of possible values of the six-month call with a strike price of 80 if both put and call are American?