The following quotes were observed for options on a given stock on November 1 of a given year. These are American calls and puts. The stock price was 113.25. Calls Puts Strike Nov Dec Jan Nov Dec Jan 105 8.375 10 11.5 0.3125 1.25 2 110 4.375 7.125 8.25 0.9375 2.50 3.75 115 1.5 3.875 5.25 2.8125 4.75 4.75 What is the intrinsic value of the January 110 call?

A. 0.00

B. 8.30

C. 3.75

D. 5.00

E. None of the above