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19If the current spot USD/AUD exchange rate is USD0.67/AUD, what is the intrinsic value of a A$50,000 put option with an exercise price of USD0.603/AUD?

19If the current spot USD/AUD exchange rate is USD0.67/AUD, what is the intrinsic value of a A$50,000 put option with an exercise price of USD0.603/AUD? a. The option has no intrinsic value. b. USD 5000 c. USD 33500 d. USD 30150 e. USD 50000 f. USD 82919 g. USD 74627

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