Today, November 6, you agreed to pay a luxury villa in Jamai…

Today, November 6, you agreed to pay a luxury villa in Jamaica J$5 million (Jamaican dollars) on February 6 for your honeymoon. The Jamaican dollar has been appreciating significantly in recent months as the Jamaican central bank has been aggressively raising its interest rate and the economy is growing fast.  You negotiated a non-deliverable forward (NDF) contract with a US bank to buy the J$5 million. The Jamaican dollar is a non-convertible currency and there is no other way to hedge the currency risk. The current Jamaican dollar spot rate is US$0.0067/J$. The reference rate  at which the hedge will be settled is the closing exchange rate quoted by Jamaica’s central bank on July 1. If the rate quoted by Jamaica’s central bank on July 1 is $0.0074/J$, you will ______________.