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You have bought a European put option on NZD10,000 (the New Zealand dollar) with an'exercise price of $.6300 and a premium of $.0016. The current

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You have bought a European put option on NZD10,000 (the New Zealand dollar) with an'exercise price of $.6300 and a premium of $.0016. The current market price of NZD is $.6413. At what market price will you earn a profit of $500 on the option's expiration date? $0.5784 $0.6284 $0.6300 $0.6413

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