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JJ opened a long Gold hedge on APR 12, 2021 when the spot price was $1,800/oz and the futures price is $1,840/oz. JJ closed the

JJ opened a long Gold hedge on APR 12, 2021 when the spot price was $1,800/oz and the futures price is $1,840/oz. JJ closed the long hedge on July 17, 2021 when the basis was -$44/oz.

Calculate the price per ounce (oz) paid by firm JJ.

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