1. With a 100 Call price of $1.40 and a stock price of $86.10, what is the intrinsic value of the 100 Call?

A. 0

B. 2.40

C. 3.90

D. None of the above

2. With a 35 Call price of $2.40 and a stock price of $36.10, what is the intrinsic value of a 35 Call?

A. 1.10

B. 2.40

C. 3.90

D. None of the above