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A European Airliner has purchased a jumbo jet from an American company Boeing for Euro 273.311 million. Boeing is expecting to receive payment on July

A European Airliner has purchased a jumbo jet from an American company Boeing for Euro 273.311 million. Boeing is expecting to receive payment on July 5th. The current exchange rate is $1.3808 / Euro and the September Euro futures are trading at $1.3492 / Euro. The contract size is 125,000 Euros. What is the effective dollar amount Boeing can expect to receive, if spot rate on July 5th turns out to be $ 1.2656 / Euro and September futures' price on that day is $ 1.243 / Euro?

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