You have the following market data. "Today" is three months before the expiration of the August gold futures contract.

• The spot price of gold bullion is $822.64 per oz.
• The futures price of gold for August delivery is $835.23 per oz.
• Suppose that storage costs for the next three months are $2 per oz., payable in arrears.
• The continuously compounded three-month risk-free rate (LIBOR) is 3.55% per year.

What is the no-arbitrage value (equivalently, no-arbitrage price) per oz. for this futures contract?

Donotround values at intermediate steps in your calculations.Enter your answer to two decimal places.Omit the $ symbol.