Compute the mark-to-market value of the following short forward NZD (New Zealand Dollar) contract. The size of contract is NZD 5,000,000 and the forward rate is F4USD/NZD = 0.79; the spot rate at time of the valuation (today) is XNUSD/NZD = 0.71. The NZD and USD interest rates are: rNZD = 8% and rUSD = 2%; assume the contract matures in four years from now (so at t=4).
Group of answer choices

a). USD 1,489,400.00
b). USD 1,780,654.10
c). USD 1,039,833.46
d). USD 1,145,362.55