DEF Corp. (US firm) will pay 900,000 Canadian dollars (C$) to its suppliers in 120 days. DEF plans to use the forward market to mitigate exchange rate risk. A 120 day forward contract on 900,000 Canadian dollars carries a forward rate of $.85/C$. The spot price the day the forward contract was entered into was $1.05/C$ and the spot rate at expiration was $.95/C$ . Find DEF's profit/loss (in USD) on their forward contract. O 90,000 -90,000 O 180,000 -180,000 None of the above