You are exploring options with strike price of $360 on a stock that is currently trading for $340. The risk free rate is 3% and the options you are considering are for a 3-month horizon.

For a European Call option, the premium must be at least ________and no more than ______.

For an American Call option, the premium must be at least________and no more than _______.

For a European Put option, the premium must be at least_________and no more than ________.

For an American Put option, the premium must be at least_________and no more than _________.