A T$-$bill with face value $\backslash (\backslash$$ $10,000\backslash )$ and $93$ days to maturity is selling at a bank discount ask yield of $\backslash (4\mathrm{.}0\backslash \%\backslash ).$

points 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.

Price of the bill

b$.$ What is its bond equivalent yield?

Note: Use $365$ days a year. Do not round intermediate calculations. Round your answer to $\backslash (\backslash$mathbf$\{2\}\backslash )$ decimal places.

Bond equivalent yield