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 SUT =$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 Per Share Put Price? Per Share Call Price $17.54 21. Given the quoted option premiums above, what should be the time value (approximate) of the call option, on a per share basis? (a) $20.54 (b) $0.00 (c) $17.54 (d) $14,54 (e) $.51