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On May 1, the share price of Company Monash is $60 and its December futures price is $56.6. On July 1 the share price is

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On May 1, the share price of Company Monash is $60 and its December futures price is $56.6. On July 1 the share price is changed to $64 and its December futures price is changed to $62.2. An investor entered into futures contracts on May 1 to hedge his/her purchase of the share of Company Monash on July 1. The investor closed out his/her position on July 1. What is the effective price (after taking account of hedging) paid by the investor? Note: In your answer, (1) only input numerical value with 2 decimal points, and (2) do not input unit or symbol, such as "$", "km", and "%". For example, if your answer is 22.20 dollar, present your answer as 22.20, but not $22.20

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