average. Embraer has concluded an agreement with a regional U.S. airline to produce and deliver four aircraft one year from now for $82 million. probably be pricing a forward off the current 3.25% U.S. dollar eurocurrency rate and the 10.50% Brazilian government bond rate. Advise Embraer on its currency exposure. How much of net cash position in Brazilian reais will Embraer receive in one year without a hedge if the expected spot rate in one year is expected to be RS1.8112/\$? Rg (Round to the nearest whole number.)