Please answer correctly with all the explanation and steps. For part 1, I got $93.033 which is incorrect.

For part 2, I got convenience yield = 20.4 which is incorrect.

Please explain!!

1 Calculate the value of a six-month futures contract on a Treasury bond. You have the following information: (Do not round intermediate calculations. Round your answer to 3 decimal places.) 4.4 points Six-month interest rate: 10% per year, or 4.90% for six months. Spot price of bond: 92.50. The bond pays an 8% coupon, 4.00% every six months. eBook Print Contract value $ 1.000 2 . Calculate convenience yield for magnoosium scrap from the following information: (Do not round intermediate calculations. Enter your answer as a percent rounded to 1 decimal place.) Spot price: $2,580 per ton. Futures price: $2,438 for a one-year contract. . Interest rate: 11%. Storage costs: $130 per year. 4.4 points eBook Print Convenience yield 2.0 %