A currency swap has a remaining life of 15 months. It involves exchanging interest at 9.8% on 20,000 for interest at 6.4% on $30,000 once a year. The term structure of risk-free interest rates in the United Kingdom is flat at 7.1% and the term structure of risk-free interest rates in the US is flat at 3.7% (both with continuous compounding). The current exchange rate (dollars per pound sterling) is 1.55. What is the value of the swap (in dollars) to the party paying sterling? (Required precision: 0.01 +/- 10) You Answered Correct Answer -1,752.21 margin of error +/- 10