Volatility and time to maturity, Question 7 1 pts The price of a non-dividend-paying stock is $20. The continuously-compounded risk-free interest rate is 5% per annum. What, to the nearest cent, is the lower bound for the time value of a two-year European call option on the stock with a strike price of $15? (Hint: it should be equal to the lower bound of the option value minus the intrinsic value, and it could be a negative number. Your answer should be in the unit of dollar, but without the dollar sign. For example, if your answer is $1.02.just enter 1.02.)