Assume that a EURO Call option trades at $0.05. The strike price of the option is $0.9200 and the current spot rate is $0.9203. A Euro forward contract that expires at the same time with the option is at $0.9195. Use this information to determine which one of the following is not a correct statement.

		Time value of the option is $0.0497
		US dollar interest rate is lower than Euro interest rate
		Intrinsic value of the option is $0.03
		The call option price is expected to increase if USD interest rate increases