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c. Immediately after the CD is issued, the secondary market price on the $2 million CD falls to $2,399,000. Calculate the new secondary market quoted
c. Immediately after the CD is issued, the secondary market price on the $2 million CD falls to $2,399,000. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $2.4 million face value CD. Complete this question by entering your answers in the tabs below. Required A Required B Required C Immediately after the CD is issued, the secondary market price on the $2 million CD falls to $1,998,750. 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 answers to 4 decimal places. (e.g., 32.1616)) Bond equivalent yield Secondary market quoted yield EAR
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