8. (3 points) You are given the following information about EEE stock. The spot price of EEE stock is $1.50. An American style Put option P(100, 1 month) has a premium of $99.00. The risk free interest rate is 8% compounded continuously. EEE stock does not pay a dividend. State whether we can rule out early exercise of this option and why. 9. (4 points) You are given the following information about EEE stock. The spot price of EEE stock is 44.00. An American style call option C(40.00, 6 months) has a premium of 5.00. The risk free interest rate is 8% compounded continuously. The only dividend EEE stock is expected to pay is $2.00 in 3 months. From today until expiration, determine the range of dates where the early exercise of this option would be: a. Neither Rational or Optimal b. Rational, but not Optimal C. Rational, and Optimal 8. (3 points) You are given the following information about EEE stock. The spot price of EEE stock is $1.50. An American style Put option P(100, 1 month) has a premium of $99.00. The risk free interest rate is 8% compounded continuously. EEE stock does not pay a dividend. State whether we can rule out early exercise of this option and why. 9. (4 points) You are given the following information about EEE stock. The spot price of EEE stock is 44.00. An American style call option C(40.00, 6 months) has a premium of 5.00. The risk free interest rate is 8% compounded continuously. The only dividend EEE stock is expected to pay is $2.00 in 3 months. From today until expiration, determine the range of dates where the early exercise of this option would be: a. Neither Rational or Optimal b. Rational, but not Optimal C. Rational, and Optimal