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On June 14, 2015, a U.S. FI has a net exposure to Euros of -7,500,000. The exchange rate of U.S. dollars for Euros was 1.1045.

On June 14, 2015, a U.S. FI has a net exposure to Euros of -7,500,000. The exchange rate of U.S. dollars for Euros was 1.1045. It is now June 15, 2015. Calculate the FIs dollar loss/gain this shock to the US$/ exchange rate.

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