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Suppose that a European call option has a strike price of $100 per share, costs $7 per share, and is held until maturity. Under what

Suppose that a European call option has a strike price of $100 per share, costs $7 per share, and is held until maturity. Under what circumstances will the seller of the option make a profit? Under what circumstances will the buyer exercise the option? Draw a diagram illustrating how the profit from a short position in the option depends on the stock price at the maturity of the option.

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