The following information is available on company ABC on June 1. CALLS PUTS JUNE JULY JUNE JULY 113.25 105 8.25 9.00 0.50 1.25 113.25 115 1.50 3.50 2.75 4.75 The risk-free rates are 7.30% (June) and 1.50% (July). The times to expiration are.0384 (June) and 1342(July). Assume no dividends. What is the time value of the July 105 put? 7.25 1.25 0 8.25