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Assume you BOUGHT a European style call option on euros with a strike price of $ 1 . 2 7 8 / at a premium

Assume you BOUGHT a European style call option on euros with a strike price of $1.278/ at a premium of $0.073 per euro, and expires in 3 months. Calculate your GROSS profit or loss if the euro is trading at $1.304/ at maturity. (Note: If not exercised, gross profit would be zero.) A)$0.023 B) $0.028 C) $0.022 D) $0.027 E) $0.026

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