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ion 3 et ered d out of Al Khayar Company (Oman) produces and sells office furniture and lumber is one of the essential materials in

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ion 3 et ered d out of 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 14800 tons of lumber and make payment 1 year later. At the maturity date of the contract, the actual rate is 137 OMR/ton. The contract causes 55090 profit to Al-Khayar Using the given information find the contract rate. question Select one: O a. 174.2230 b. 137.3722 Oc 133.2777 O d. 140.7223

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