Assume 90-day bank bill futures are now being quoted at 94.35. a. Determine the current price (underlying value) of this bank bill futures contract. b. What would this futures contract be quoted at if...

Assume 90-day bank bill futures are now being quoted at 94.35.

a. Determine the current price (underlying value) of this bank bill futures contract.

b. What would this futures contract be quoted at if Vincent is right and the yield goes up by 0.5%?