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An American-style call option with 9 months to maturity has a strike price of $85. The underlying stock now sells for $82. The call premium

An American-style call option with 9 months to maturity has a strike price of $85. The underlying stock now sells for $82. The call premium is $3.

A) What is the intrinsic value of the option?

B) What is the time value of the call? C) If the risk-free rate is 3.75%, what should be the value of a put option on the same stock with the same strike price and expiration date?

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