The spot exchange rate is DKK 6.8911/$

The nine month forward rate is DKK 6.9866/$

Forecast of the management for the end of the ninth month is DKK 7.10/$

The company's cost of capital is 10 percent per year.

The Danish 9-month borrowing or lending rate is 5.5 % per annum

The U.S. 9-month borrowing or lending rate is 3.2 % per annum

A call or put option for the strike price of DKK 6.90/$ carries a premium of 1.14 percent for this period.

If your company chooses to hedge this exposure in the forward market, calculate the outcome of this hedge in the US dollar.