On January 2013, the exchange rate between the U.S. Dollar and Euro was actually €0.65/$. 1. How much unrealized gain / loss did Lufthansa face through your recommendation(s) from Part A? 2. In not more than 1,000 words, first explain how did the unrealized gain / loss happen? Then explain whether managing foreign exchange risk is worth the amount of effort required? Finally, explain whether a company like Lufthansa should just choose to remain exposed to foreign exchange risk. (Please note that this is an essay. Therefore, all essay requirements, as can be found in your Q-manual applies. Students who do not abide by the guidelines will be penalized.)