ADM purchases 55,000 bushels of soybeans in July. In January, when the spot price of soybeans was $10.56 bushel, ADM hedged the entire planned purchase with September futures contracts at 1030. Soybean futures are defined as 5,000bu, $0.01 /bu. ADM lifts the hedge in July. The spot price of soybeans is now $10.50 /bushel and the basis on September futures is now $0.09. What is ADM's effective price per bushel for the transaction (rounded positive $ two places after the decimal)