6. Suppose that 1-year CDs (certificates of deposit) now offer 8 percent interest and 2-year CDs now offer 9 percent interest (both compounded annually or expressed as effective annual interest rates). a. How much would $10,000 grow in two years if invested in the 2-year CD ? b. How much would $10,000 grow to in one year if invested in the 1-year CD? c. Suppose that a cash manager invested $10,000 in a 1-year CD and then took the proceeds at the end of that year [the answer to 5(b) ] and reinvested the money in another 1-year CD for a total of a 2-year investment. What interest rate would the new 1-year CD have to offer after the end of the first year such that the cash manager would end up with the same amount of money at the end of the second year as compared with the answer in 5(a)