stions on June 1 8 Past? OPTION PRICING PRINCIPLES INN s were for the BM American options on du give year. Use this information to answer questions 1-4, Calls Puts IBM June July S 105 8.25 9.00 0.50 1.25 11325 115 1.50 3.50 2.75 4.75 The rates are 7.30% (June) and 7.50% (July). The times to expiatie are 0384 June) and. 1342(July). Assume no dividends. 1. What is the intrinsie value of the June 115 call? 2 22.75 e Nome of the above 2. What is the time value of the July 105 put? 728 825 e None of the above 3. What is the time value of the June 115 put?! 1.00 c. 1.75 22.00 e None of the above 4. What is the lower bound of the June 115 call? b. 1.00 c. 1.75 22.00 2.225