Send-it-Soon (SIS) will ship goods valued at euro 150,000 to a German buyer in three months. Payment will occur upon delivery. The current spot exchange rate is euro 0.93/$ and the three-month forward rate is euro 0.9/$. If the actual exchange rate in three months is euro 0.96/$, SIS would experience a of if it remained unhedged versus hedging in the forward market. profit; $31,265 profit; $135,825 profit; $10,417 loss; $135,825 loss; $10,417