Brown stock is currently selling for $180 per share. Anne has taken a short positon in a put option contract on Brown stock with a strike price of $170. The cost (premium) of the put option is $2 per share. Which of the following statements is true?

a. The stock price could fall and she still earns a positive profit

b. She is betting that the stock price falls below $180.

c. Her breakeven stock price is $172.

d. If the option is exercised at maturity, she will earn a negative profit. e. Both (a) and (d) are true