Suppose that Bento Sushi enters a forward contract to buy 142,000 pounds
of salmon at a forward price of $1.03/pound from a farmer in the Atlantic
Ocean.
What is the contract value for the farmer at the settlement date if the price
of salmon on that date is $1.65/pound?
Round your final answer to two decimals, that is, if your answer is $1.234,
then enter 1.23