Assume that the Japanese yen is trading at a spot price of 92.04 cents per 100 yen. Further assume that the premium of an American put option with a striking price of 93 is 2.20 cents. What are the intrinsic value and the time value of the put option per 100 yen, respectively?

2.20; 0
	0.96; 1.24
	1.24; 0.96
	0, 2.20