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Problem 7 . 1 2 Assume that the Japanese yen is trading at a spot price of 9 2 . 0 4 cents per 1

Problem 7.12
Assume that the Japanese yen is trading at a spot price of 92.04 cents per 100 yen. Further assume that the premium of an American call (put) option with a striking price of 93 is 2.10(2.20) cents. Calculate the intrinsic value and the time value of the call and put options.
Required:
Note: Do not round intermediate calculations. Enter your answers in cents per 100 yen. Round your answers to 2 decimal places.
\table[[Options,Intrinsic value,Time Value],[Call,,,cents],[Put,,,cents]]
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