Question 1 a. b. The current price of Stock X is $80. The annually compounded risk-free rate is 5%. A six-month call option on Stock X, with an exercise (strike) price of $70 is trading at $12.30. A six-month put option on Stock X, with an exercise (strike) price of $70 is trading at $0.61. What is the intrinsic value (exercise value) of the call option? What is the time value (time premium) of the call option? c. What is the no-arbitrage minimum value (lower bound) for the call option? What is the intrinsic value (exercise value) of the put option? What is the time value (time premium) of the put option? f. What is the no-arbitrage minimum value (lower bound) for the put option? d. e Edit View Insert Format Tools Table 12pt Paragraph BIU A 2 T2 MacBook Air