Your firm is a Swiss exporter of bicycles. You have sold an order to a French firm for 1,000,000 worth of bicycles. Payment from the French firm (in euro) is due in 12 months. Use a money market hedge to redenominate this one-year receivable into a Swiss franc-denominated receivable with a one-year maturity. The following were computed without rounding. Select the answer closest to yours. SFr. 1,600,000 SFr. 1,728,900.26 SFr. 800,000 SFr. 1,544,705.88