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The table below contains the option quote information for a company called RWJ Corp. The stock shares of RWJ Corp. can be bought or sold

The table below contains the option quote information for a company called RWJ Corp. The stock shares of RWJ Corp. can be bought or sold in today's market for $79. In the table below, "last" means most recently available purchase price for that option.

Calls Puts
Option and NY Close Expiration in year 2023 Strike Price Vol. Last Vol. Last
RWJ
Mar 71 249 5.10 179 5.20
Apr 71 189 10.95 146 9.95
Jul 71 158 11.80 62 13.70
Oct 71 79 12.70 30 12.35

a-1. Are the call options in the money or out of the money?
multiple choice 1

In

Out

a-2. Calculate the intrinsic value of an RWJ Corp. call option. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

b-1. Are the put options in the money or out of the money?
multiple choice 2

Out

In

b-2. Calculate the intrinsic value of an RWJ Corp. put option. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

c.

In the table above, two of the options are not priced correctly, i.e., are either more expensive or cheaper than what they should sell for. Which two? (Select all that apply)

Mar
Apr
Oct
Mar
Oct
Apr

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