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Not sure if the other answers for this are correct, can anyone advise? Q2 (T-Bill futures) The spot discount rates for two T-bills, 80-day T-bill

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Not sure if the other answers for this are correct, can anyone advise?

Q2 (T-Bill futures) The spot discount rates for two T-bills, 80-day T-bill and 170-day T-bill, are given below. A) Based on the two T-bills's discount rates, what should be the quoted equilibrium price of an 80-day T-bill futures contract? Assume $1,000,000 face value. Keep in mind the quoted price is 100 - (discount rate). What should be the dollar amount implied by the futures quoted price (the amount to pay or to be paid at settlement)? B) You took 10 long T-bill futures contact for delivery in 80 days. It is now 20 days later since you took the long futures position and the T-bill futures for delivery in 60 days is quoted at 95.50. Calculate your gains(losses) on your position. Spot discount rates 80-day T-bill 170-day T-bill Face Value A) Dollar amount for the futures Price Quoted 6.00% 6.25% $1,000,000 B) Gain(loss) Show your calculations below

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