It is May. A corporate comptroller expects to have approximately $$500,000$ cash available in a few months and intends to invest the money in Treasury bonds. The current price of the issue that the comptroller wants is $95.1\mathrm{}$6 December T$-$bond futures are $96-00.$ The comptroller fears that long$-$term interest rates will fall in the interim, so she hedges by going long $5$ December T$-$bond futures at $96-00.$ In December the comptroller receives the money, buys cash bonds at $96-08,$ and sells the December T$-$bond hedge at $97-02.$ Ignoring transaction costs, what was the effective price paid for the cash bonds?