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Assume that the Japanese yen is trading at a spot price of 9 2 . 1 6 cents per 1 0 0 yen. Further assume

Assume that the Japanese yen is trading at a spot price of 92.16 cents per 100 yen. Further assume
that the premium of an American call (put) option with a striking price of 93.04 is 2.50(2.60) cents.
Calculate the intrinsic value and the time value of the call and put options.
Required:
Note: A Negative value should be indicated with a minus sign. Do not round intermediate
calculations. Enter your answers in cents per 100 yen. Round your answers to 2 decimal places.
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