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a EGAS, the holding company for Egyptian Natural gas, exported LNG worth 400m Euros to Spain on 1/3/2022, sales proceeds will be received on 1/1/2022

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a EGAS, the holding company for Egyptian Natural gas, exported LNG worth 400m Euros to Spain on 1/3/2022, sales proceeds will be received on 1/1/2022 and decided to hedge the transaction via a forward contract on 1/3/2022. At that time, the spot rate of EUR/EGP was 18.15 / 18.20 and the forward rate for 1/11/2022 was EUR/EGP is 19.0/19.1 If the spot rate for transactions of 1/11/2021 is EUR/EGP 19.2/19.25. What is the total amount that EGAS is going to receive in EGP? a EGAS, the holding company for Egyptian Natural gas, exported LNG worth 400m Euros to Spain on 1/3/2022, sales proceeds will be received on 1/1/2022 and decided to hedge the transaction via a forward contract on 1/3/2022. At that time, the spot rate of EUR/EGP was 18.15 / 18.20 and the forward rate for 1/11/2022 was EUR/EGP is 19.0/19.1 If the spot rate for transactions of 1/11/2021 is EUR/EGP 19.2/19.25. What is the total amount that EGAS is going to receive in EGP

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