You own a lot in Key West, Florida, that is currently unused. Similar lots have recently sold for $$1\mathrm{.}8$ million. Over the past five years, the price of land in the area has increased $11$ percent per year, with an annual standard deviation of $24$ percent. A buyer has recently approached you about buying the land in the next $11$ months for $$2,030,000.$ The risk$-$free rate of interest is $5$ percent per year, compounded continuously. You want the option to sell the land to the buyer in one year. What is the price of the transaction today?

Multiple Choice

$$164,713\mathrm{.}67$

$$249,378\mathrm{.}33$

$$75,230\mathrm{.}34$

$$261,847\mathrm{.}24$