. XYZ Corporation, located in the United States, has an accounts payable obligation of 220 million payable in one year to a bank in Germany. The current Spot rate is $1.336/1.00 and the one year forward rate is $1.333/1.00. The annual interest rate is 3 percent in Germany and 6 percent in the United States. The call and put option premium for this accounts payable obligation are 5 and 4 million USD separately, with strike price of $1.300 /1.00. Assume the forward rate is the unbiased predictor of future spot rate, then the future dollar cost of meeting this obligation using the option hedge is