Forward Pricing Using Currency Forwards

Consider a European company that expects to receive €1,000,000 in exactly 6 months from a contract with a supplier in Europe. The current spot exchange rate is 1.10 USD/EUR, and the 6-month risk-free interest rates are 2% for EUR and 3% for USD. The company wants to hedge against currency fluctuations by entering into a forward contract.

What would be the fair value of a 6-month forward contract for the company to sell €1,000,000?