A bank has issued a one$-$year, $$10$ million negotiable CD with a $0\mathrm{.}85$ percent quoted annual interest rate $($iCD$,$ sp$).$

Note: Use $365$ days in a year. Do not round intermediate calculations.

Round your percentage answers to $3$ decimal places. $($e$.$g$.,32\mathrm{.}161)$

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

Bond Equivalent Yield