Consider a one-year forward contract whose underlying asset is a coupon paying bond with maturity date beyond the forward’s expiration date. Assume the bond pays coupon semi-annually at the coupon rate of 8%, and the face value of the bond is $100 (that is, each coupon payment is $4). The current market price of the bond is $94.6, and the previous coupon has just been paid. Taking the riskless interest rate to be at the constant value of 10% per annum, find the forward price of this bond forward. 

The coupon payments may be considered as negative costs of carry.