A bank has issued a six$-$month, $$2\mathrm{.}8$ million negotiable CD with a $0\mathrm{.}53$ percent quoted annual interest rate $($iCD$,$ sp$).$

Calculate the bond equivalent yield and the EAR on the CD$.$

How much will the negotiable CD holder receive at maturity?

Immediately after the CD is issued, the secondary market price on the $$3$ million CD falls to $$2,798,500.$ Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $$2\mathrm{.}8$ million face value CD$.$