Consider a single-stock futures contract on Exxon-Mobil stock. Consider the following scenario:

• Annualized, continuously compounded risk-free interest rate for 3-month period: r = 3.99%.
• Annualized, continuously compounded risk-free interest rate for 5-month period: r = 6.55%.
• Current spot price of Exxon Mobil stock: $157 per share.
• Dividend per share of $0.87 in 3 months.
• Contract expiration: T = 5 months.
• Futures price on Exxon Mobil single-stock futures: $150 per share.

An arbitrage opportunity exists. What is the net profit per share when the futures contract expires? Use a strategy that has zero net cash flows today.

Do not round values at intermediate steps in your calculations. Enter your answer in dollars and cents, but omit the $ symbol and commas. For example, enter $1,234.56 as 1234.56 as your answer.