Question: can you please help me with the problem below with all its parts. Problem 5-18 (LG 5-2) A bank has issued a six-month, $1.0 million




can you please help me with the problem below with all its parts.




Problem 5-18 (LG 5-2) A bank has issued a six-month, $1.0 million negotiable CD with a 0.53 percent quoted annual interest rate (icy, Sp). 3. 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 CD is issued, the secondary market price on the $1 million CD falls to $998,900. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $1.0 million face value CD. Required A Required B Required C Calculate the bond equivalent yield and the EAR on the CD. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 3 decimal places. (e.g., 32.161)) Bond equivalent yield 0.537 a EAR % How much will the negotiable CD holder receive at maturity? (Do not round intermediate calculations. Round your answer to nearest whole number. (e.g., 32)) CD holder will receive at maturity ' Immediately after the CD is issued, the secondary market price on the $1 million CD falls to $998,900. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $1 million face value CD. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 4 decimal places. (e.g., 32.1616)) Bond equivalent yield _- Secondary market quoted yield _
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