American/European Minimum and Maximum Values of Puts and Calls

Does anyone understand this section…I’m lost. Option: Minimum Value Maximum Value European call max [0, S - X / (1 + RFR)] S American call max [0, X - S / (1 + RFR)] S European put max [0, S / (1 + RFR)] - X] X / (1 + RFR)] American put max [0, X - S] X

can anyone help with this?

It’s really well explained in the CFA original book about derivative. Which material are you usin?

Can anyone explain this?

I can, but I don’t know that I would explain it any better than in the book. What trouble are you having?

And what you wrote down is incorrect with respect to the formulas check ur book