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The following quotes were observed for options on a given stock on Nov 01 of a given year. The stock price was $113.00. The discrete

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The following quotes were observed for options on a given stock on Nov 01 of a given year. The stock price was $113.00. The discrete risk-free rates were 7.30 percent (Nov), 7.50 percent (Dec) and 7.62 percent (Jan). The times to expiration were Nov 15, Dec 20, and Jan 17. Assume no dividends unless indicated. a. What is the intrinsic value of the Jan 110 put? $ Round your answer to the nearest cent b. What is the time value of the Dec 115 put? s Round your answer to the nearest cent

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