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Question 2 (4 points) Ford Motor Company (F) stock price is $5.20 today. The February 2022 put option on F stock with strike price X-$5

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Question 2 (4 points) Ford Motor Company (F) stock price is $5.20 today. The February 2022 put option on F stock with strike price X-$5 has premium P=$0.20 today. Which one of the following statements about time value and intrinsic value is correct? The time value of the option is $0. The intrinsic value of the option is - $0.20. The intrinsic value of the option is $0.20. The time value of the option is $0.20

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