Question 2. Option premium (2 points) ) Calculate the put and call option values and fair premium for an option. Put Actual Strike $3.00 Probability Price Put Value Call Value Call Strike $3.00 0.1 0.2 0.4 $2.0 $3.0 $3.1 $4.9 $5.0 0.2 0.1 Fair Premiums b) Explain why one of the option premiums is higher than the other. The call option premium is higher because in three out of 5 states, the call option pays a positive amount while the nut antion only pays a nositive amount in 1 out of 5 states