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please help !! Hanson Toy Co. has warrants outstanding that allow the holder to purchase 2.0 shares of stock per warrant at $20 per share

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Hanson Toy Co. has warrants outstanding that allow the holder to purchase 2.0 shares of stock per warrant at $20 per share (option price). The common stock is currently selling for $30, while the warrant is selling for $22.50 per share. (Leave no cells blank - ensure that "O" is entered wherever required.) a. What is the intrinsic (minimum) value of this warrant? (Round the final answer to 2 decimal places.) Intrinsic value $ b. What is the speculative premium on this warrant? (Do not round intermediate calculations. Round the final answer to 2 decimal places.) Speculative premium c. What should happen to the speculative premium as the expiration date approaches? Speculative premium should decrease. Speculative premium should increase. Speculative premium should not change

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