Problem 10-8 (LG 10-4) You have written a call option on Walmart common stock. The option has an exercise price of $79, and Walmart's stock currently trades at $77. The option premium is $1.50 per contract. a. How much of the option premium is due to intrinsic value versus time value? b. What is your net profit if Walmart's stock price decreases to $75 and stays there until the option expires? c. What is your net profit on the option if Walmart's stock price increases to $85 at expiration of the option and the option holder exercises the option? (For all requirements, negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g.. 32.16)) Complete this question by entering your answers in the tabs below. Req A Req B and C How much of the option premium is due to intrinsic value versus time value? Option Premium Intrinsic value N. u expect this to continue. d rate of return on the stock is 13 percent, what is its fair pre: d rate of return on the stock is 16 percent, what should the fa ments, do not round intermediate calculations. Round you value r value