Calls

Puts

Strike Nov Dec Jan Nov Dec Jan

$105,8\mathrm{.}4010,11\mathrm{.}505\mathrm{.}301\mathrm{.}302\mathrm{.}00$

$110,4\mathrm{.}407\mathrm{.}108\mathrm{.}30,0\mathrm{.}902\mathrm{.}503\mathrm{.}80$

$115,1\mathrm{.}503\mathrm{.}905\mathrm{.}30,2\mathrm{.}804\mathrm{.}804\mathrm{.}80$

The stock price was $113\mathrm{.}25.$ The risk$-$free rates were $7\mathrm{.}30$ percent $($November$),7\mathrm{.}50$

percent $($December$)$ and $7\mathrm{.}62$ percent $($January$).$ The times to expiration were $0\mathrm{.}0384$

$($November$),0\mathrm{.}1342($December$),$ and $0\mathrm{.}211($January$).$ Assume no dividends

What is the intrinsic value of the January $110$ call?

None of the above

$3\mathrm{.}75$

$8\mathrm{.}30$

$5\mathrm{.}00$