Consider a six-year $1 par Treasury bond. The bond pays a 6% semiannual coupon, and the annual yield is 6%. The bond is priced at par. A futures contract expiring in 15 months calls for delivery of this bond only. The risk-free rate is 5%. The appropriate futures price is $0.6156 or $0.7579 or $0.5479 or $1.0014 or None of the given options