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You have written a call option on Walmart common stock. The option has an exercise price of $76, and Walmart's stock currently trade: at $74.

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You have written a call option on Walmart common stock. The option has an exercise price of $76, and Walmart's stock currently trade: at $74. The option premium is $1.35 per contract. a. How much of the option premium is due to intrinsic value versus time value? b. What is your net profit if Walmart's stock price decreases to $72 and stays there until the option expires? c. What is your net profit on the option if Walmart's stock price increases to $82 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)) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. b. What is your net profit if Walmart's stock price decreases to $72 and stays there until the option expires? c. What is your net profit on the option if Walmart's stock price increases to $82 at expiration of the option and the option holder exercises the option

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