Question: 75. Consider a put option selling for $4 in which the exercise price is $34 and the price of the underlying is $36. If the

75. Consider a put option selling for $4 in which the exercise price is $34 and the price of the underlying is $36. If the price of the underlying at expiration is $37, the profit for the option seller is closest to:

A.0

B. $4

C. $7

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