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From the perspective of the writer a put option written on 6 2 , 5 0 0 . If the strike price is $ 1

From the perspective of the writer a put option written on 62,500. If the strike price is $1.55, and the option premium is $1,875, at what exchange rate do you start to lose money?
$1.55
$1.58
$1.52
None of the above
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