A credit default swap requires a semiannual payment at the rate of 60 basis points per year. The principal is $33.9 million and the credit default swap is settled in cash. A default occurs after three years and three months, and the calculation agent estimates that the price of the cheapest deliverable bond is 30% of its face value shortly after the default. Calculate the total amount paid by the protection buyer given the information provided above?

A. $ 101700.00

B. $ 661050.00

C. None of the other answers provided is correct

D.$ 610200.00