7.) Euro/Japanese Yen. A French firm is expecting to receive 10.4 million in 90 days as a result of an export sale to a Japanese semiconductor firm. What will it cost, in total, to purchase an option to with a strike price of 0.007353/? The spot rate is 0.007000/

A japanese firm wishing to buy or sell euros (the foreign currency)

A european firm wishing to buy or sell euros (the foreign currency).

	Variable	Value			Variable		Value
Domestic interest rate (% p.a.)	rd		2.1870	%		rd		0.0875	%
Foreign interest rate (% p.a.)	rf		0.0875	%		rf		2.1870	%
Volatility (% p.a.)	s		10.000	%		s		10.000	%
	d1		-0.36429			d1		-0.21722
	d2		-0.42162			d2		-0.27456
	N(d1)		0.35782			N(d1)		0.41402
	N(d2)		0.33665			N(d2)		0.39183

The cost, in total, to purchase an option with a strike price of 0.007353/JPY (knowing that its spot rate is 0.007200/JPY) is...