Three months ago, you bought a put option with an exercise price of $100. If the stock price at expiration of this option is $120, the value of the option is: > -20 (your response) 0 20 > 100 120 of the following four put options that can be purchased on a stock, which would you expect to have the highest price? (All option months are in the same calendar year.) September put; $65 exercise price September put; $75 exercise price December put; $65 exercise price (your response) December put; $75 exercise price Of the following four call options that can be purchased on a stock, which would you expect to have the highest price? (All option months are in the same calendar year.) September call; $65 exercise price September call; $75 exercise price December call; $65 exercise price (your response) December call; $75 exercise price