You observe the following quotes on the ASX option market. Undeflying Asset OAN GANTAS AIRWAYS UNITED LASTE $5.11 OEMANS $5.11 - $5.14 TOaron V.0 20% AUTOAY PER BENCES CAUSAPUT OLAN 21 April 2022 125 days to expiry CALLS PUTS 10 OFER 151 ON CODE OF LAST VOLUME TRADES STE 15 CODE STYLE 99 OPEN LAST 151 INTERESE VOLUME TRADES 00 000 GAN 000 000 OA 000 000 0 0 . 000 i) Determine the intrinsic value of the call option with a strike price of $4.81 and the intrinsic value of the put option with a strike price of $5.01. (2 marks) 11) Briefly explain why the option prices are higher than the intrinsic values of these two options. (2 marks)