At the end of year 3, determine the value of a 4-year currency swap contract held by a US financial institution. The institution receives 3% annual interest in euros and pays 2% annual interest in US dollars, with principal amounts set at EUR 50 million and USD 60 million. Interest payments are exchanged annually. Given an exchange rate of USD 1.044 per EUR 1, a 1-year risk-free rate in France of 3.0%, and a 1-year risk-free rate in the US of 2.0%, both using continuous compounding, how is the value of the swap calculated?