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

Stock price	=	$66
Exercise price	=	$60
Risk-free rate	=	3% per year, compounded continuously
Maturity	=	3 months
Standard deviation	=	41% per year

b.	What is the time value of each option? (Do not round intermediate calculations and round your final answers to 2 decimal places (e.g., 32.16).)

	Value
Call option	$
Put option	$