In the terms of a lease, the landlord has an option to terminate that is valued at $2 of effective rent. The tenant effective rent is $200 and the landlord's effective rent is $180. Which of the following statements is correct.

Select one:

a.

Landlord effective rent is $178 - Max($2), Tenant effective rent is $198

b.

Landlord effective rent is $182 - Max($2), Tenant effective rent is $202

c.

Landlord effective rent is $178 - Max($2), Tenant effective rent is $200

d.

None of the answers here

e.

Tenant effective rent is $182 - Max($2), Landlord effective rent is $202