T-bills currently yield 4.0 percent. Stock in Nina Manufacturing is currently selling for $77 per share. There is no possibility that the stock will be worth less than $70 per share in one year.

a-1. What is the value of a call option with a $60 exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Call option value $ =

a-2. What is the intrinsic value? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Intrinsic value $ =

b-1. What is the value of a call option with a $48 exercise price? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Call option value $ =

b-2. What is the intrinsic value? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Intrinsic value $ =

c-1. What is the value of a put option with a $60 exercise price? (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Put option value $ =

c-2. What is the intrinsic value? (Leave no cells blank - be certain to enter "0" wherever required. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Intrinsic value $ =