Hi, could someone please help solve the following futures question.

It is November 15^th 2019, and Jerry will need to borrow $5,000,000 for 90-days next June. If today's yield on 90-day bank bills is 1.0% p.a. and Jerry believes that 90-day interest rates may fall to 0.8% p.a. by June.What futures position should Jerry take to hedge this exposure?

What borrowing rate would Jerry lock-in, if in June, the June futures quotations are 98.8800 (bid) and 98.8650 (ask), and September futures 98.8500 (bid) and 98.8650 (ask), while Jerry is able to issue 90-day bills at 1.70% p.a.?

Use the quotations from the ASX table below, while assuming that all futures trades are conducted using market orders, and document his various actions.

Last loaded: Fri 15 Nov 2019 17:50 Refresh Category Security Type Month Interest Rate Markets 90 Day Bank Bills (IR) v Futures v v 90 Day Bank Bills (IR) Futures Prices are DELAYED by a minimum of 20 minutes. Expiry Bid Ask Open High Low Last Trade Last Trade Time Change Traded Volume Previous Settlement Dec 19 99.0400 99.0600 99.0500 14/11/19 21:05 99.0500 Mar 20 99. 1800 99.1900 99.1800 15/11/19 17:45 99.1900 Jun 20 99.2200 99.2300 99.2200 99.2200 99.2200 99.2200 15/11/19 17:10 -0.01 106 99.2300 Sep 20 99.2500 99.2600 99.2500 15/11/19 17:45 99.2600 Dec 20 99.2200 99.2300 99.2200 15/11/19 17:45 99.2300 Mar 21 99.2300 99.2400 99.2400 15/11/19 17:09 1 99.2500 Jun 21 99.2200 99.2300 99.2400 14/11/19 21:02 99.2300 Sep 21 99.1900 99.2100 99.2000 15/11/19 17:42 99.2100 Dec 21 99.1500 99.1800 99.1700 14/11/19 17:23 99.1700 Mar 22 99.1300 99.1700 99.1600 14/11/19 14:32 99.1700 Jun 22 99.1100 99. 1500 99.0900 02/11/19 02:28 99.1400 Sep 22 99.0800 99.1100 99.0300 13/11/19 22:23 99. 1000 Dec 22 99.0400 99.0800 99.0600 Mar 23 99.0100 99.0500 99.0100 15/11/19 17:30 99.0200 Jun 23 98.9800 99.0200 99.0800 15/10/19 14:10 98.9900 Sep 23 98.9500 98.9900 98.9900 Dec 23 98.9900 Mar 24 98.9900