A magnetic dipole of moment 0.96 Am2 is placed with its north pole pointing towards the geographic south of Earth. If the horizontal component of Earth's magnetic field is 24 μT, then the position of the neutral point with respect to the bar magnet is:

1
0.2 m from the center of the magnet, along the equator
2
0.2 m from the center of the magnet, along the axis
3
0.8 m from the center of the magnet, along the equator
4
0.8 m​ from the center of the magnet, along the axis

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