Question 14 The following quotes were observed for options on a given stock on November 1 of a given year. These are American calls except where indicated. Not yet answered Points out of 1.00 Calls Puts Remove flag Strike Nov Jan Nov Dec Jan 105 8.40 10 11.50 5.30 1.30 2.00 110 4.40 7.10 8.30 0.90 2.50 3.80 115 1.50 3.90 5.30 2.80 4.80 4.80 The stock price was 113.25. The risk-free rates were 7.30 percent (November), 7.50 percent (December) and 7.62 percent (January). The times to expiration were 0.0384 (November), 0.1342 (December), and 0.211 January). Assume no dividends unless indicated. What is the European lower bound of the December 105 call? Select one: O a. 9.86 O b. 0.00 O c.8.25 CertificateOfCo...pdf A Show All MacBook 110 4.40 7.10 8.30 0.90 2.50 3.80 115 1.50 3.90 5.30 2.80 4.80 4.80 The stock price was 113.25. The risk-free rates were 7.30 percent (November), 7.50 percent (December) and 7.62 percent (January). The times to expiration were 0.0384 (November), 0.1342 (December), and 0.211 (January). Assume no dividends unless indicated. What is the European lower bound of the December 105 call? Select one: O a. 9.86 O b. 0.00 O c. 8.25 O d. 9.26 e, none of the above age Next page .pdf