This is about the current quoted futures price for a futures contract for delivery in 14 months of a bond paying, semi annually, coupon at a rate of…

This is about the current quoted futures price for a futures contract for delivery in 14 months of a bond paying, semi annually, coupon at a rate of 10.33 percent per year on $100 face value, with a maturity of 16.33 years and 3 months from now. The last coupon payment was 3 months ago. Assume that the term structure is flat with a rate of interest of 12 percent per year. Assume semi-annual compounding for valuation of bond and for determination of conversion factor. Assume continuous compounding for valuation of futures price . Write the answers of the following:

1. Conversion factor

2. Cash spot price of bond

3. Cash futures price

4. Quoted futures price

Interest rates are expressed as annualized rates for the term specified.