Assume Carlton enters into a three$-$year fixed$-$for$-$fixed swap

agreement to receive Swiss Franc and pay U$.$S$.$ dollar annually, on a

notional amount of $$9,000,000.$ The spot exchange rate at the time

of the swap is SF$0\mathrm{.}8/$$$.$ Assume that one year into the swap

agreement Carlton decides it wishes to unwind the swap agreement

and settle it in dollars. Assuming that a two$-$year fixed rate of interest

on the Swiss Franc is now $2\mathrm{.}59\%,$ and a two$-$year fixed rate of interest

on the dollar is now $5\mathrm{.}90\%,$ and the spot rate of exchange is now

SF$0\mathrm{.}793/$$$.$ To Carlton, what is the net present value $($in dollar$)$ of the

swap agreement? $($Keep the sign and two decimal places.$)$