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Use the following information on call and put options for Facebook to answer the questions....

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Accounting

image Use the following information on call and put options for Facebook to answer the questions. Underlving stock price: 114.19 Option Contact: 100 shares (a) What is the intrinsic value of the call option that expires in June and has a $100 strike price? (b) What is the intrinsic value of the put option that expires in January and has a $100 strike price? (c) Briefly explain why a call with a $110 strike price sells for less than a call with a $100 strike price (for all expiration dates), while a put with a $110 strike price sells for more than a put with a $100 strike price (for all expiration dates). (d) Suppose you buy the June call with a strike price of $110. If you exercise it when the price of Facebook is $125, what will be your profit or loss? (e) Suppose you buy the June put with a strike price of $110 at the price listed, and the price of Facebook stock remains at $114.19. What will be your profit or loss

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