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17. A 5-year traditional CD guarantees a return of 5% effective per annum. A 5-year equity-linked CD guarantees a return of 1% effective per annum and 80% of the positive return in the S\&P500 index. Calculate the premium of the call option per $1 invested implicit in the equity-linked CD. 17. A 5-year traditional CD guarantees a return of 5% effective per annum. A 5-year equity-linked CD guarantees a return of 1% effective per annum and 80% of the positive return in the S\&P500 index. Calculate the premium of the call option per $1 invested implicit in the equity-linked CD