Assume that the Japanese yen is trading at a spot price of 92.04 cents per 100 yen. Further assume that the premium of an American call option with a striking price of 93 is 2.10 cents. What are the intrinsic value and the time value of the call option per 100 yen, respectively?
0.96; 1.14
1.14; 0.96
0, 2.10
2.10; 0
0.96; 1.14