8. An Aug Soybean meal put has a strike price of $420. The underlying August futures price is $375. The intrinsic value is 9. if the basis is -2.75 and the current futures price is 131.525, the expected cash price is: 10. A Dec Wheat put has a strike price of $4.70. The underlying December futures price is $6.20. The intrinsic value is 11. A May Corn put has a strike price of $4.75. The underlying May futures price is $4.50 The intrinsic value is 12. A Sep Soybean put has a strike price of $10.30. The underlying September futures price is $11.50. The intrinsic value is 13. A $6.70 Dec Corn call is selling for a premium of 35 cents. At the time, Dec Corn futures are trading at $8.25. The time value is 14. A $12.50 Nov Soybean put is selling for a premium of 3 cents. Nov Soybean futures are trading at $13.50 The time value is 15. A Wheat call has a strike price of $5.75. At expiration, the underlying futures price is $6.30. The time value is 16. Jul Corn futures are trading at $7.50. A $5.50 July corn call is trading at a premium of 60 cents. The time value is