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please show work asap! thanks Part I OPTION PRICING PRINCIPLES The following quotes were for the IBM American options on June 1 of a given

please show work asap! thanks
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Part I OPTION PRICING PRINCIPLES The following quotes were for the IBM American options on June 1 of a given year. Use this information to answer questions 14. The risk-free rates are 7.30% (June) and 7.50% (July). The times to expiration are .0384 (June) and .1342(July). Assume no dividends. 1. What is the intrinsic value of the June 115 call? a. 0 b. 1.50 c. 1.75 d. 2.75 e. None of the above

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