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  Paul sells a put option on HRTB stock with a time to expiration of six months, a strike price of USD 125,an underlying asset price of USD 98, implied volatility of 20% and a risk-free rate of 4%. What is Paul’s counterparty credit exposure from this transaction?
  A.USD 0.00
  B.USD 0.38
  C.USD 1.75
  D.USD 24.90
  Answer:A