3. More Floating Point (10 points) Consider the following 8-bit floating point representation as shown below: sign exponent significand 7 6 5 4 3 2 1 0 This is a new design with the following decisions: 1 bit for sign 4 bits for a signed exponent represented in 2's complement 3 bits for the significand Everything else follows the IEEE standard 754 for floating point, except in 8 bits. . 0 (A) (5 points) Convert the decimal number -8.625 to floating point using the new design proposed. Write your answer in hexadecimal. Your final answer: Ox (B) (5 points) What is the smallest positive denormalized number using the new design proposed? Write your answer in hexadecimal. Your final answer: Ox