$1$ point

On December $1,2021,$ USA Corporation purchased a foreign currency put option with a strike price of $$0\mathrm{.}97$ to convert $150,000$ CAD into USD. Relevant exchange rates follow:

$\backslash$table$[[$Date$,$Spot Rate,Option Premium$],[$December $1,2021,$$$,0\mathrm{.}97,,$$$,0\mathrm{.}05,],[$December $31,2021,$$$,0\mathrm{.}95,,$$$,0\mathrm{.}04,],[$February $1,2022,$$$,0\mathrm{.}94,,$$$,0\mathrm{.}03,]]$

Compute the fair value of the foreign currency put option at December $31,2021.$

$$6,000$

$$4\mathrm{.}500$

$$3,000$

$$7,500$