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Home Depot has Yuan 1m payable in 3 months which it would like to hedge by purchasing Yuan forward. The 3-month forward rate is $

Home Depot has Yuan 1m payable in 3 months which it would like to hedge by purchasing Yuan forward. The 3-month forward rate is $ 0.145 / Yuan. What is the profit on the hedge if the spot rate 3 months later is $ 0.174 /Yuan?

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