Instant Pot Ltd., a U.S company, will receive 600,000 in two months for an export order of 35,000 pressure cookers from an European company. It faces the following interests and exchange rates:

Spot rate:	0.82/$
Forward rate (30 days)	0.84/$
Forward rate (60 days)	0.83/$
60-day call option on dollars at 0.85/$	2%
60-days put option on dollars at 0.86/$	1%
US 60-day interest rate (annualized)	4%
Euro 60-day interest rate (annualized)	6%

If an option is eventually exercised, Instant Pot Ltd. would net how much on its net export sale two month later? Please select the most suitable answer

	a.	$ 697,674.42
	b.	$ 691,150.65
	c.	$ 705,040.27
	d.	$ 705,882.35