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Historically, Treasury bills offered higher rates. On January 2,2007 , the discount rates were substantially higher than in July 2016 . For the following Treasury bill bought in 2007, find (a) the price of the Treasury bill (T-bill), and (b) the actual interest rate paid by the Treasury. Assume 365 days in a year. Three-month $27,000 T-bill with a simple annual discount rate of of 4.37% (a) The price of the T-bill was $ (Round to the nearest cent as needed.) (b) The actual interest rate paid by the Treasury is %. (Type an integer or decimal rounded to four decimal places as needed.)