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The strike price is $ 2 0 , the current stock price $ 2 5 , and the option premium is $ 4 . Intrinsic

The strike price is $

20,

the current stock price $

25,

and the option premium is $

4 .

Intrinsic value is $

5,

given that this is a call

Intrinsic value is $

1,

given that this is a call

Intrinsic value is $

1,

given that this is a put

Intrinsic value is $

5,

given that this is a put

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