A U.S. firm holds an asset in France and faces the following scenario: State 1 State 2 State 3 State 4 Probability 25 % 25 % 25 % 25 % Spot rate $ 1.20 / $ 1.10 / $ 1.00 / $ 0.90 / P* 1,500 1,400 1,300 1,200 P $ 1,800 $ 1,540 $ 1,300 $ 1,080 In the above table, P* is the euro price of the asset held by the U.S. firm and P is the dollar

Compute the exchange exposure faced by the U.S. firm.