What are the deltas of a call option and a put option with the following characteristics? (Negative amount should be indicated by a minus sign. Do not round intermediate calculations and round your final answers to 4 decimal places. (e.g., 32.1616))

Stock price	=	$58
Exercise price	=	$55
Risk-free rate	=	4.00% per year, compounded continuously
Maturity	=	9 months
Standard deviation	=	46% per year

Call option delta
Put option delta

You are given the following information concerning options on a particular stock:

Stock price	=	$62
Exercise price	=	$60
Risk-free rate	=	5% per year, compounded continuously
Maturity	=	3 months
Standard deviation	=	45% per year

a.	What is the intrinsic value of each option? (Leave no cells blank - be certain to enter "0" wherever required.)

	Value
Call option	$
Put option	$

b.	What is the time value of each option? (Round your answers to 2 decimal places. (e.g., 32.16))

	Value
Call option	$
Put option	$