You have written a call option on Walmart common stock. The option has an exercise price of $81, and Walmart's stock currently trades at $79. The option premium is $1.60 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 $77 and stays there until the option expires? c. What is your net profit on the option if Walmart's stock price increases to $87 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 anawers to 2 decihal places. (e.g. 3216)) Complete this question by entering your answers in the tabs below Req A Req B and C What is your net profit on the option if IBM's stock price increases to $77 at expiration of the option and you exercise the option and if IBM's stock price decreases to $872 b Net profit c Net profit per share per share