A T$-$bill with face value $$10,000$ and $87$ days to maturity is selling at a bank discount ask yield of $3\mathrm{.}4\%.$

Required:

a$.$ What is the price of the bill?

Note: Use $360$ days a year. Do not round intermediate calculations. Round your answer to $2$ decimal places.

b$.$ What is its bond equivalent yield?

Note: Use $365$ days a year. Do not round intermediate calculations. Round your answer to $2$ decimal places.

Bond equivalent yield