Question: please help me solve this correctly and show me the steps and what formula you used. please take your time solving it I really don't

please help me solve this correctly and show me the steps

please help me solve this correctly and show me the steps and what formula you used. please take your time solving it I really don't want a wrong answer. thanks!

Apple buys an Australian Dollar Call option (contract size: AUD 100,000) at the premium of USD0.07/AUD. The exercise price is USD0.78/AUD. If the spot at expiration is USD0.82/AUD, what is the Apple's profit? O $3,000 loss $7,000 loss O $4,000 loss $4,700 gain

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