please do not use excel, please hand write

11. Time Value of Options [LO2] You are given the following information concerning options on a particular stock: Stock price Exercise price Risk-free rate Maturity Standard deviation = $59 S55 = 2% per year, compounded continuously 6 months 54% per year a. What is the intrinsic value of the call option? Of the put option? b. What is the time value of the call option? Of the put option? c. Does the call or the put have the larger time value component? Would you expect this to be true in general