You Are Expecting a Payment of €500,000 Three Years from Now.The

You are expecting a payment of €500,000 three years from now.The risk-free rate of return is 4 percent in the U.S.and 2 percent in Euroland.The inflation rate is 4 percent in the U.S.and 1 percent in Euroland.Currently,you can buy €76 for $100.How much will the payment three years from now be worth in U.S.dollars?

A) $708,288
B) $699,002
C) $619,949
D) $671,321
E) $684,169