A firm has a payable of $SFr1,200,000\mathrm{.}00.$ They hegdge this exposure with a call option

with a strike price of $$\frac{1\mathrm{.}2917}{S}Fr.$ The premium of the option is $$0\mathrm{.}1292.$ If at the

time of payment the spot price ends up equal to $$\frac{1\mathrm{.}2529}{S}Fr.$ What is the firm's total

cost$?$

$($a$)$ $$1,658,520$

$($b$)$ $$1,705,080$

$($c$)$ $$1,503,480$

$($d$)$ $$1,348,440$

$($e$)$ None of the above

THE CORRECT ANSWER IS $($A$)$ $$1,658\mathrm{.}520.$ NEED HELP WITH MATH