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10.35 Du Pont has entered into a currency risk sharing arrangement with British Gas. Under the contract, Du Pont agrees to pay British Gas a base price of S10 million for gas purchases, but the parties would share the currency risk equally beyond a neutral zone, specified as a band of exchange rates: $1.67-1.73:1. Within the neutral zone, Du Pont must pay BG the pound equivalent of $10 million at the base rate of SL.70. Suppose the spot rate at the time of payment is l $1.63. How much will Du Pont owe British Gas? 588 a) $10 million b) $9,702,381 c) $9,588,235