ABC, which closed at $151, has call options trading in April, July, and October with the following values. Calculate the intrinsic value of the April 140 call.

------------Calls-------------

Strike April July October

140 11.25 11.75 13.00

150 1.50 3.00 4.00

160 0.75 1.50 2.00

a.) $9.00

b.) $10.00

c.) $11.00

d.) $12.00