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

Stock price	=	$75
Exercise price	=	$60
Risk-free rate	=	6% per year, compounded continuously
Maturity	=	4 months
Standard deviation	=	46% per year

What is the intrinsic value of the call option?

- 15

-20

-45

-18

-24

Of the put option?

-0

-15

-7

-3

-5

What is the time value of the call option? Of the put option?

-(6.09)

-15.00

-32.90

-17.90

-2.90