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An investor collects the following information about a call option:
| Spot price of the underlying | $10.50 |
|---|---|
| Strike price of the option | $9.40 |
| Option premium | $1.15 |
At expiration, if the price of the underlying is $9.35, the profit to the call seller is:
A
$0.
B
$1.10.
C
$1.15.