A stock is currently selling for $73 per share. A call option with an exercise price of $70 sells for $5.27 and expires in three months. If the risk-free rate of interest is 2.6 percent per year, compounded continuously, what is the price of a put option with the same exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) You are given the following information concerning options on a particular stock: StockpriceExercisepriceRisk-freerateMaturityStandarddeviation=$64=$60=2%peryear,compoundedcontinuously=6months=57%peryear a. What is the intrinsic value of each option? (Leave no cells blank - be certain to enter "O" wherever required.) b. What is the time value of each option? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)