Burton. Cow, based in the United States, considers a prolect in which it has an initial outtay of $2 maillion and evpects to recelve 9 milion Saniss francs (SF) in one veal The spot rate of tha franc is 50.81 . Burton Co. decides to purchase pot options on swiss francs with an exercise pirice of 50.75 and a premilim of so.g3 per unit to hedgeits recelvables. it has a requised rate of return of 22 percent. 1. Detempine the net present yalue of this profect for Burton Co based on the forecast that the swiss franc will be valued at 50.70 at the ind of onit ntas De. not round interruediate calculations. Eound vouir arswer to the nearest dollac 5