There are two different options available with ITM Corporation common stock as the underlying asset. They each have the same maturity date, a strike price of $40.00, and are identical in all other ways except, one is a European call, and the other is an American call. ITM stock has a market value of $43.75. The American call option is selling for $4.90. For the European call, which of the following option premiums is most likely
A.