Under what circumstances will the seller or writer of the


Suppose that a September put option with a strike price of $105 costs $7.0. 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. a. S > 105 b. S < 112.0 c. S > 98.0 d. S < 105 e. S < 98.0

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Financial Management: Under what circumstances will the seller or writer of the
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