a. A March $100,000 Treasury Bond put option with a strike price of 156-00 points has a premium of 4-50. The underlying futures price is 153-15. Recall that T-Bond options are quoted in points & 64ths of 100% while T-Bond futures are quoted in points & 32nds of 100%. Pls show calculation.

The intrinsic value is _____(pts. & 64ths of 100%) $_____(per contracts).

The time value is _____(pts. & 64ths of 100%) $______(per contract).