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Suppose that a September put option with a strike price of $85 costs $13.0. Under what circumstances will the seller (or writer) of the option

Suppose that a September put option with a strike price of $85 costs $13.0. Under what circumstances will the seller (or writer) of the option earn a positive or zero profit? Let S equal the price of the underlying.

S < 85

S > 85

S > 72.0

S < 98.0

S < 72.0

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