A semiannual 8% bond is selling in the cash market for $80 (per $100 of face value), and its next payment is due exactly six months from now. What is the theoretical price of a six-month futures contract on this bond if the current six-month interest rate at which funds can be loaned or borrowed is 6%?

Question 9 options:

	$79.20
	$81.34
	$85.58
	$87.63