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A US firm is obliged to make a future payment of CHF 100,000 in 60 days. To manage its exchange rate risk the firm contracts

A US firm is obliged to make a future payment of CHF 100,000 in 60 days. To manage its exchange rate risk the firm contracts to buy Swiss franc 60 days in the future at USD/CHF 1.7530. The current exchange rate is USD/CHF 1.7799. How much would the US firm gain or lose on its commitment if, at the time of payment, the exchange rate fell below the 1.7530 Swiss francs to the dollar forward rate to 1.6556, please make sure the person answering this question is actually an expert cause last time it was completely wrong

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