Questions A28-A30 are based on the following information. Heetal's stock now trades (St) at $80 per share. Possible year-end values are Sp.-$60 and Su. T =$110. The risk-free rate is 8%. T- 1 year from now =time to maturity. Call and put options with the same strike price and expiration dates are available. Only the put option price is accurately quoted below. Using Put/Call Parity find the true price of the call option, on a per share basis. Strike Price Per Share Put Cost Per Share Call Cost $90 $12.93 $7.15 A29. What is the time value of the put option on a per share basis? The value is (a) $10.00 (b) $3.12. (c) $0.00 (d) $2.93 (e) $4.18