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You plan to visit Geneva, Switzerland, in three months to attend an international business conference. You expect to incur a total cost of $F6,600 for lodging. meals, and transportation during your stay. As of today, the spot exchange rate is $0.60/5F and the threemonth fonward rate is $0.71/5F. You can buy the three-month call option on SF with an exercise price of $0.72/5F for the premium of $0.05 per SF. Assume that your expected future spot exchange rate is the same as the forward rate. The three-month interest rate is 8 percent per annum in the United States and 5 percent per annum in Switzerland. Q. Calculate your expected dollar cost of buying SF 6,600 if you choose to hedge by a call option on SF. (Do not round Intermedlete celculetiens. Reund your enwer to 2 declmal pleces.) A Answer is complete but not entirely correct. \begin{tabular}{|l|ll|} \hline Total expected cost & 5 & 4,954.13(x \\ \hline \end{tabular}