10. At the time of expiration, if the stock price is $50 and the exercise price is $48, which of the following statements is true?

Group of answer choices

a. A put option will have zero time value and $2 intrinsic value

b. A call option will have zero time value and $2 intrinsic value

c. A call option and a put option will have the same intrinsic value

d. The value of the put option will exceed the value of the call option