You are the vice president of Worldwide InfoXchange, headquartered in Minneapolis, Minnesota. All shareholders of the firm live in the United States. Earlier this month, you obtained a loan of 10 million Canadian dollars from a bank in Toronto to finance the construction of a new plant in Montreal. At the time the loan was received, the exchange rate was $0.75 to the Canadian dollar. By the end of the month, it has unexpectedly dropped to $0.70. Has your company made a gain or a loss as a result, and by how much?