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The price (premium) of a call option on Euro is $ 0.05; The Euro is selling in the market (ST) for $ 1.20 / Euro,

The price (premium) of a call option on Euro is $ 0.05; The Euro is selling in the market (ST) for $ 1.20 / Euro, and the option has an exercise price of $ 1.18/ Euro. What is the time (speculative) value of the call option? a. $0.02 b. $ -0.02 c. $ 0.00 d. $ 0.03

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