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Green has just sold equipment to Brown. Green is a US company who has USD accounting. Sale date is June 2 0 2 0 and

Green has just sold equipment to Brown. Green is a US company who has USD accounting. Sale date is June
2020 and payment date December 2020.
Deal amount 1000000
Spot June =$1.10
6-month forward contract =$1.13
Spot December forecast =$1.11
Eurozone 6-month borrowing rate =1.0%? year
If Green hedges 50% with forwards, then foreign exchange gains/(losses) are
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