A bank has issued a six$-$month, $$2\mathrm{.}0$ million negotiable $CD$ with a $0\mathrm{.}49$ percent quoted annual interest rate $(i_{CD},sp).$

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 CD is issued, the secondary market price on the $$2$ million CD falls to $$1,998,500.$ Calculate the new

secondary market quoted yield, the bond equivalent yield, and the EAR on the $$2\mathrm{.}0$ million face value $CD.$

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Required $A$

Immediately after the CD is issued, the secondary market price on the $$2$ million $CD$ falls to $$1,998,500.$ Calculate the new

secondary market quoted yield, the bond equivalent yield, and the EAR on the $$2$ 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$.,32\mathrm{.}1616))$