An investor bought a European put option on a share for $3. At expiration the underlying is trading at $42, the strike of the option is $40. The risk free rate is 2%. What profit or loss has the investor made? Select one: a. The investor made a $1 profit b. The investor made a $1 loss C. The investor made a $3 loss d. The investor broke even e. The investor made a $3 profit