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Cars XCIO Question A14-A18 are based on the information below On May 15, 2019 at 10a.m. a stock traded at $80 per share (S). At

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Cars XCIO Question A14-A18 are based on the information below On May 15, 2019 at 10a.m. a stock traded at $80 per share (S). At that early date, call and put options with different strike prices and one-year maturities were available all with the same expiration dates. Their prices were as shown below. (Assume that the quoted call/option prices did not change during that day's trading.) Strike Price Per Share Put Cost Per Share Call Cost $87.5 $9.75 $0.70 $85 $6.95 $1.05 $825 $3.50 $1.25 $80 $0.12 $1.50 AI? What is the time value, on a per share basis of the put option with strike price (X) of $85. if the stock Sy price, at contract maturity is projected to be $957 (This is another new scenario.) (a) 5-1.95 51.95 0 55.00 5305 el 5100 (hp Med mode Win

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