Can you please answer this question for me?

1-You are a coffee dealer anticipating the purchase of $82,000 pounds of coffee in three months. You are concerned that the price of coffee will rise., so you take a long position in coffee futures. Each contract covers 37,500 pounds, and so, rounding to the nearest contract, you decide to go long in two contracts. The futures price at the time you initiate your hedge is 55.95 cents per pound Three months later, the actual spot price of coffee turns out to be 58.56 cents per pound and the futures price is 59.20 cents per pound. a-Determine the effective price at which you purchased your coffee. How do you account for the difference in amounts for the spot and hedge positions? b-Describe the nature of the basis risk in this long hedge. 2-Supposed that one day in early April, you observe the following prices on futures contracts maturing in June: 93.35 for Eurodollar and 9.07 for T-bill. These prices imply three-month LIBOR and T-bill settlement yields of 6.65 % and 5.93 , respectively. You think that over the ext quarter the general level of interest rates will rise while the credit spread built into LIBOR will narrow. Demonstrate how you can use a TED (Treasury/ Eurodollar) spread, which is a simultaneous long (short) position in a Eurodollar contract and short (long) position in the T-bill contract, to create a position that will benefit from these views