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Compute the intrinsic values, time values, and lower bounds of the following calls. Treat these as American for purposes of determining the intrinsic values and time values and as European for the purpose of determining the lower bounds. a. July 160 b. October 155 c. August 170

Compute the intrinsic values, time values, and lower bounds of the following puts. Treat these as American for purposes of determining the intrinsic values and time values and as European for the purpose of determining the lower bounds. a. July 165 b. August 160 c. October 170