Your firm is expecting to receive NZ$300,000 in 1-month. A 1-month call option exists on NZ$ with an exercise price of A$0.91 and a premium of A$.03 per unit. A 1-month put option exists on NZ$ with an exercise price of A$0.95 and a premium of A$.02 per unit. Your firm asks you to hedge NZ$200,000 worth of the expected receivables using options and to exchange the remainder at the spot rate. At maturity, the spot rate is A$0.94/NZ$. What is the final A$ amount of your receivables?

	A.	A$182,000
	B.	A$276,000
	C.	A$280,000
	D.	A$282,000
	E.	A$285,000