Can you show step by step how to get to the answer

Use the information for the following problem(s). risk arising from the sale. To help the firm make a hedging decision you have gathered the following information. ? The spot exchange rate is $1.250/ euro ? The six - month forward rate is $1.22 leuro ? CVT's cost of capital is 13% ? The Euro zone 6 - month borrowing rate is 9% (or 4.5% for 6 months) ? The Euro zone 6 - month lending rate is 7% (or 3.5% for 6 months) ? The U.S. 6 - month borrowing rate is 8% (or 4% for 6 months) ? The U.S. 6- month lending rate is 6% (or 3% for 6 months) ? December call options for euro 750,000 ; strike price $1.28, premium price is 1.5% ? CVT's forecast for 6 - month spot rates is $1.27/ euro ? The budget rate, or the highest acceptable purchase price for this project, is $3,900,000 or $1,30/ euro appropriate interest rate for calculating future values.) A. $57,600 B. $63,936 C. $62,208 D. $59,904