GHI Co. will receive 2,000,000 Swiss Francs in 30 days. Use the following information to determine the total dollar amount received assuming the firm chooses the hedging technique that will assure the same outcome in all future spot rate possibilities.

Put Option Exercise price = $.615 Put Option Premium = $.030 Spot rate now = $.600 Call Option Exercise Price = $.600 Call Option Premium = $.015 30-day forward rate = $.620 Expected spot rate in 30 days = $.560