7. Below is the option price quotes for AMR stock. Quotes are for one share of stock; one option contract covers 100 shares. AMR Underlying stock price $15.50 Put Call OPEN OPEN Expiration STRIKE LAST May Jan 14.00 2.30 14.60 1.30 VOLUME INTEREST |LAST 12 60 578 17062 0.45 0.15 VOLUME INTEREST 20 138 4175 58909 a. What is the value of the May call option contract? b. How much is the intrinsic value of the May call option contract? c. How much is the time value of the May call option contract? d. What is the value of Jan put option? e. How much is the intrinsic value of the Jan put option contract? f. How much is the time value of the Jan put option contract