A bank has issued a six$-$month, $\backslash (\backslash$$ $2\mathrm{.}1\backslash )$A bank has issued a six$-$month, $$2\mathrm{.}1$ million negotiable $CD$ with a $0\mathrm{.}50$ percent quoted annual interest rate $(i_{CD},sp).$

a$.$ Calculate the bond equivalent yleld and the EAR on the CD$.$

b$.$ How much will the negotiable CD holder recelve at maturity?

c$.$ Immediately after the CD is issued, the secondary market price on the $$2$ million CD falls to $$2,098,800.$ Calculate the new

secondary market quoted yield, the bond equivalent yield, and the EAR on the $$2\mathrm{.}1$ million face value CD$.$

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Required B

Immediately after the CD is issued, the secondary market price on the $$2$ million CD falls to $$2,098,800.$ Calculate the new

secondary market quoted yield, the bond equivalent yield, and the EAR on the $$2\mathrm{.}1$ million face value CD$.($Use $365$ days in a

year. Do not round intermediate calculations. Round your percentage answers to $4$ decimal places. $($e$.$g$.,32\mathrm{.}1616))$ million negotiable $\backslash ($ C D $\backslash )$ with a $\backslash (0\mathrm{.}50\backslash )$ percent quoted annual interest rate $(\backslash ($ i$\_\{$C D$\},$ s p $\backslash )).$ a$.$ Calculate the bond equivalent yield and the EAR on the CD$.$ b$.$ How much will the negotiable CD holder receive at maturity? c$.$ Immediately after the $\backslash ($ C D $\backslash )$ is issued, the secondary market price on the $\backslash (\backslash$$ $2\mathrm{.}1\backslash )$ million CD falls to $\backslash (\backslash$$ $2,098,800\backslash ).$ Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $\backslash (\backslash$$ $2\mathrm{.}1\backslash )$ million face value CD$.$