You are given the following information on two European option contracts. Both options are written on the same underlying stock. The stock does not pay dividends during the options' lives. The current risk-free rate is 3.25% per year. Both options have 0.2 of a year until maturity. The current stock price is $160.25 1. For both options, find the intrinsic values and the lower bounds on the options' values. If either of the lower bounds are violated, show the arbitrage strategy and find the arbitrage profit. 2. Check if put-call parity is satisfied. If not, show the arbitrage strategy and find the arbitrage profits