T-bills currently yield 3.9 percent. Stock in Deadwood Manufacturing is currently selling for $76 per share. There is no possibility that the stock will be worth less than $69 per share in one year.

a-1	What is the value of a call option with a $58 exercise price? (Round your answer to 2 decimal places, e.g., 32.16.)

Call option value

$

a-2	What is the intrinsic value?

Intrinsic value

$

b-1	What is the value of a call option with a $45 exercise price? (Round your answer to 2 decimal places, e.g., 32.16.)

Call option value

$

b-2	What is the intrinsic value?

Intrinsic value

$

c-1	What is the value of a put option with a $58 exercise price?

Put option value

$

c-2	What is the intrinsic value?

Intrinsic value

$