Nantes Group's current stock price is $53. The call option sells for $5.80 with a $50 strike price and six months to expiration 1. What is the intrinsic value of the call option today? 2. What is the premium of this option today? 3. If the perceived future volatility of the shares of Nantes Group was to increase, what would happen to the price of this option? 4. If you decided you wanted to buy a one-year call option instead of the six month, would it cost you more or less? Why