1. (30 pts) Use the American option quote information shown below to answer the following questions. The underlying stock is the same one that is currently in November 26, 2020) selling for $77. Expiration May (of 2021) June (of 2021) August (of 2021) October (of 2021) Strike Price Calls Price Puts Price 80 3.80 2.20 80 6 3.40 80 9.05 4.80 80 8.88 4.95 (a). (10 pts) Are the call options in the money? What is the intrinsic value of a call option? (b). (10 pts) Are the put options in the money? What is the intrinsic value of a put option? (c). (10 pts) Two of the options are clearly mispriced. Which ones? At a minimum, what should be the mispriced options sell for? Explain how you could profit from the mispricing in cach case