Suppose that a European put option to sell a share for $70 costs $4 and is held until maturity. Under what circumstances will the seller (writer) of the option make a profit of at least $3?

	A.	If the stock price at maturity is greater than $69
	B.	If the stock price at maturity is less than $66
	C.	If the stock price at maturity is greater than $66
	D.	If the stock price at maturity is less than $67

In the Black-Scholes-Merton option pricing formula, the area under a normal distribution up to d2 is denoted

	A.	S*N(d1)
	B.	K*N(d2)
	C.	d1
	D.	N(d2)