A US company has land in Zurich that will likely be sold in the next year. There are

two possible states of the world. With a probability $35\%$ the exchange rate will be

$$\frac{1\mathrm{.}3333}{S}Fr.$ In this case the land will be worth $SFr3,000,000.$ With a probability

$65\%$ the exhange rate will be $$\frac{1\mathrm{.}4133}{S}Fr$ and the land will be worth $SFr2,800,000.$

How would you use fin ancial hedging to hedge this exposure?

$($a$)$ Buy SFr $533,250$ forward

$($b$)$ Buy SFr $3,000,000$ forward

$($c$)$ Sell SFr $2,800,000$ forward

$($d$)$ Sell SFr $522,585$ forward

$($e$)$ None of the above

THE CORRECT ANSWER IS $($A$)$ BUY SFR $533,250$ FORWARD. NEED HELP WITH MATH