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Abercrombie & Fitch is trading at $21.55. Put options with a strike price of $20.05 are priced at $0.89. What is the intrinsic value of

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Abercrombie & Fitch is trading at $21.55. Put options with a strike price of $20.05 are priced at $0.89. What is the intrinsic value of the option, and what is the time value? CALL The intrinsic value of the option is (Round to the nearest cent) The time value of the option is $ (Round to the nearest cent.)

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