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A stock with a current market price of $45.60 has an associated call option priced at $7.90 and a strike price of $40.00. This call

A stock with a current market price of $45.60 has an associated call option priced at $7.90 and a strike price of $40.00. This call has an intrinsic value of ______ and a time value of _____.

A)$0; $7.90

B)$5.60; $2.30

C)$2.30; $5.60

D)$7.90; $0

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