New your company has agreed to pay AU$8 million into years for equipment for its importing from Australia. Despite rate of Australian dollars is $0.58. The annualize interest rate is 4% regardless of the debt maturity. The annualize Australian dollar interest rate is 11% regardless of the debt maturity New York plans to hedge its exposure with forward contract that will arrange today assume that the interest rate party exists determine the amount of US dollars at the US knew your company will need to make, and its payment entered the answer, positive values round, immediate answer. Do not round immediate calculations round your answer to the nearest dollar.