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Assume that the Japanese yen is trading at a spot price of 81.24 cents per 100 yen. Further assume that the premium of an American

Assume that the Japanese yen is trading at a spot price of 81.24 cents per 100 yen. Further assume that the premium of an American call (put) option with a strike price of 80 is 3.20 (2.10) cents. Calculate the intrinsic value and the time value of the call and put options

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