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4. What is the amount paid for the following CD in US markets? Face Value: $1,000,000 Coupon: %6 semi-annual Settlement Date: 04.05.2020 (transaction date that

4. What is the amount paid for the following CD in US markets? Face Value: $1,000,000 Coupon: %6 semi-annual Settlement Date: 04.05.2020 (transaction date that we, say, buy the CD) Maturity: 05.03.2021 Last (previous)coupon payment: 05.03.2020 Yield: 8% Day/Year Convention: ACT/360

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