Assume Carlton enters into a three$-$year fixed$-$for$-$fixed swap agreement to receive Swiss Franc

and pay U$.$S$.$ dollars annually, on a notional amount of $$2,000,000.$ The spot exchange rate at the

time of the swap is SFO$\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 SFO$\mathrm{.}81/$$$.$ To Carlton, what is the swap

agreement's net present value $($in dollars$)?($Keep the sign and two decimal places.$)$