It is July 30, 2023. The cheapest-to-deliver bond (for a September 2023 Treasury bond futures contract) is a 6% coupon bond, and delivery is expected to be made on September 30,2023 . Coupon payments on the bond are made on February 30 and August 30 each year. The term structure is flat, and the discount rate with semiannual compounding is 4% per annum. The conversion factor for the bond is 1.3 . The current quoted bond price is $98. Calculate the quoted futures price for the contract. Please explain your answer. Scan your handwritten work and upload the file