Hedging: Tricolor Industries has purchased equipment from a Brazilian firm for a total cost of 272,500 Brazilian reals. The firm has to pay in 30 days. Citibank has given the firm a 30-day forward quote of $0.1829/real. Assume that on the day the payment is due, the spot rate is expected to be $0.2103/real. How much would Tricolor have saved by hedging with a forward contract?