Questions (20-23) are based on the information that follows. Carbax Corp. stock trades (S.) at $75 per share. Possible year end values are Spr-$48 and Sur =$118;r=.08.T - 1 year from now-time to maturity. Call and put options with the same strike price and expiration dates are available. The quoted option prices are given below. Strike Price $78 Per Share Call Price= $17.54 Per Share Put Price? 20. Given the quoted option premiums above, what should be the intrinsic value of the call option, on a per share basis? (a) $16.54 (b) $0.00 (c) $2.51 (d) $3.00 (e) $11.54