Question: Can you help me as soon as possible. Please check my answer. I believe it is $833. Thank you. Suppose the S&P 500 is at

Can you help me as soon as possible. Please check my answer. I believe it is $833. Thank you.

Suppose the S&P 500 is at 859859, and it will pay a dividend of $ 25$25 at the end of the year. Assume an interest rate of 3 %3%. If a one-year European put option has a negative time value, what is the lowest possible strike price it could have? The lowest possible strike price is $_____________________?

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