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Your London based firm expects to receive 50,871,000 in 6 months from a Japanese corporate customer. To hedge the exchange rate risk, your firm enters

Your London based firm expects to receive 50,871,000 in 6 months from a Japanese corporate customer. To hedge the exchange rate risk, your firm enters into a forward agreement at a forward rate of 1.00=$0.0075. What is the value of the gain or loss? Please note you need to sign your answer carefully, for example, an answer of -5 would mean a $5 loss, and an answer of 5 would mean a $5 gain. Round and express to the nearest whole dollar.

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