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A buyer of a put option stops to benefit of a net profit in exercising the put when The future spot rate is lower than
A buyer of a put option stops to benefit of a net profit in exercising the put when The future spot rate is lower than the strike price plus the premium The future spot rate is equal to the strike price plus the premium The future spot rate is higher than the strike price minus the premium The future spot rate is lower than the strike price minus the premium
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