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Please calculate the contract gain or loss A U.S. exporter sold forward JPY 125 million at the 7-month forward rate of JPY 124.27/$. Immediately after

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Please calculate the contract gain or loss

A U.S. exporter sold forward JPY 125 million at the 7-month forward rate of JPY 124.27/$. Immediately after the deal is signed, the spot rate moves from JPY 125/$ to JPY 130/$. Dollar and yen interest rates are still at 6% and 5% respectively. What is the gain/loss of the contract? A U.S. exporter sold forward JPY 125 million at the 7-month forward rate of JPY 124.27/$. Immediately after the deal is signed, the spot rate moves from JPY 125/$ to JPY 130/$. Dollar and yen interest rates are still at 6% and 5% respectively. What is the gain/loss of the contract

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