juniper, the Brazilian firm, suffered enormous losses in $2009.$ The company had been

pursuing a very aggressive growth strategy in the mid$-2000,$ taking on massive Brazilian Real

$($B$)$was devalued from its pegged rate of B$35\mathrm{.}0/$$ in July $2009,$ Juniper interest payments

alone were over $680$ million on its outstanding dollar debt $($with an average interest rate of $6\%$

on its U$.$S$.$ dollar debt at that time$).$

Assuming Juniper took out $$65$ million in debt in $2009$ at $6\%$ interest, and had to repay it in

one year when the spot exchange rate had stabilized at B$72\mathrm{.}0/$$$,$ what was the foreign

exchange loss incurred on the transaction?