Problem 1 (5 pts.) Assume that a certain stock's current price in the open market stands at $17.43 per share. The premium on the Put option for this stock is currently $3.89. If the call option has a strike price of $20, what is the option's time premium? Show all work, carrying all calculations out to four (4) decimal places. Highlight your answer in bold. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I S Paragraph Arial 10pt A TK o Q = = =