Q1) The following option prices are given for Sunstar Inc., whose stock price equals $50.00:

Strike Price	Call Price	Put Price
45	5.50	1.00
50	1.50	1.50
55	1.00	5.50

Compute intrinsic values for each of these options and identify whether they are in-the-money, at-the-money, or out-of-the-money.