Al Khayar Company (Oman) produces and sells office furniture and lumber is one of the essential materials in production. In the coming year, it is expected that there will be a scarcity in the supply of lumber. To protect itself from the risk of shortage in lumber, Al Khayar makes a forward contract with a supplier of lumber in Oman. Depending on this contract, Al-Khayar company will receive 12800 tons of lumber and make payment 1 year later. At the maturity date of the contract, the actual rate is 150 OMR/ton. The contract causes -57430 loss to Al- Khayar. Using the given information find the contract rate. Select one: O a. 194.8672 O b. 145.5133 O c. 154.4867 O d. 150.4487