Left alone with Bluntschli, Raina realizes that he sees through her romantic posturing, but that he respects her as a woman, as Sergius does not. She reveals that she left a photograph of herself in the pocket of the coat, inscribed "To my chocolate-cream soldier", but Bluntschli says that he didn't find it and that it must still be in the coat pocket. Bluntschli gets a telegram informing him of his father's death: he must now take over the family business, several luxury hotels in Switzerland.