Company A has issued a zero-coupon bond maturing in one year, the face value of which equals $100. The market price of this bond is $94.8. There is a probability that the company may default on its bond at the maturity date, and if default happens, bondholders will only get $40. The one-year risk-free rate is 4% at the moment. Now consider a derivative contract on Company A's bond. This contract pays $60 if the company defaults and nothing if the company does not. What should be the no-arbitrage price of this contract (round your answer to 1 decimal place)