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The option premium is paid _ _ _ _ _ . Multiple choice question. by the seller of an option contract to the buyer of

The option premium is paid _____.
Multiple choice question.
by the seller of an option contract to the buyer of the option contract
to the seller of the option contract if the option is exercised
by the buyer of an option contract to the seller of the option contract
to the buyer of the option contract if the option is exercised

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