What is the gain-loss of the contract

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Question - A U.S. exporter sold forward JPY 125 million at the 7-month forward rate of JPY 124.27/$. Dollar and yen interest rates are still at 6% and 5% respectively. What is the gain/loss of the contract?

Reference no: EM133064319

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What is the gain-loss of the contract : Question - A U.S. exporter sold forward JPY 125 million at the 7-month forward rate of JPY 124.27/$. What is the gain-loss of the contract
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