a. Calculate the intrinsic value for each of the following call options. (Round your answers to 2 decimal places.) Company Strike SO Intrinsic Value Time to Expiration (months) 1 62.92 2.92 3:23 2 0.00 Rjay Rjay Sell-Mart Xenon 60 70 60 7.50 62.84 69.80 9.80 5 6 6.78 0.00 b. Now assume that the effective annual interest rate is 6.70%, which corresponds to a monthly interest rate of 0.54% Calculate the present value of each call option's exercise price and the adjusted intrinsic value for each call option. (Round your answers to 2 decimal places.) Company Strike SO Time to Expiration (months) 1 PVIX) Adjusted Intrinsic Value 2. RJay Rjay Sel-Mart Xenon 60 70 60 7.50 62.92 62.84 69.80 5 6 6.78