A Dank has issuea a six- month, $5 milion negotiable CD with a 0 35 percent quoted annual interest rate (CD, single payment) (a) calculate the bond equivalent yield and 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 $5 BEY-o 35(365/360je 3549 EAR +(0003549/365)]-365-1 [1.0000097231-365-1 [1000009723]-365-1 1003555288 -1 3555 (b)FV $5m (1 0035/2) - $ 5,008,750 million CD falls to $4 994,500. Calculate the new secondary market quoted yiela, the bond equivalent yiela and the EAR on the $5 DY.[F-P) / F] x360 / D (5 miltion-4994,500)/5 million) x 360/D : 5500/5 miltion x 360/D 0.396 million face value CD BEY DY [(F-P)/ P] x 365/D 1(5 million-4994500) /4,994,500) x 365/D - 5500/4.994,500 x 365/D Coold tou polease explain me why nember 4019 n 40,19% and them EAR [1-/m))m - 1 [I-(0004019/305) 305- oan put in EAR 4019 lout they.0004019/3051 3651 Hheght correst vill be 65 EPR es 0923 pieate hdo me to ndeson