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You have written a call option on Aldi common stock. The option has an exercise price of $93, and Aldi's stock currently trades at $91.

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You have written a call option on Aldi common stock. The option has an exercise price of $93, and Aldi's stock currently trades at $91. The option premium is $1.55 per contract. a. How much of the option premium is due to intrinsic value versus time value? b. What is your net profit if Aldi's stock price decreases to $89 and stays there until the option expires? c. What is your net profit on the option if Aldi's stock price increases to $99 at expiration of the option and the option holder exercises the option? (For all requirements, negative amounts should be indicated by a minus sign. Round your answers to 2 decimal places. (e.g., 32.16)) Complete this question by entering your answers in the tabs below. How much of the option premium is due to intrinsic value versus time value

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