Question: (Round answer to 2 decimal places, do not round intermediate calculations) 1. A 45 call option on a stock priced at $47.1 is priced at

(Round answer to 2 decimal places, do not round intermediate calculations)

1. A 45 call option on a stock priced at $47.1 is priced at $7.03.

This call has an intrinsic value of ______.

2. A 45 call option on a stock priced at $46.19 is priced at $7.85.

This call has a time value of _____.

3. A 45 put option on a stock priced at $47.85 is priced at $3.89.

Thisput has an intrinsic value of ______.

4. A 45 put option on a stock priced at $46.03 is priced at $4.5.

Thisput has a time value of _____.

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