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A U.S. based company makes a sell from a firm in France for 315,000. Suppose the firm completes a forward hedge at the 90-day forward

A U.S. based company makes a sell from a firm in France for 315,000. Suppose the firm completes a forward hedge at the 90-day forward rate of $1.1750/. If the spot rate in 90 days is $1.1580/, how much will the U.S. firm have saved or lost in U.S. Dollars by hedging its exchange rate exposure? Explain your answer very well.

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