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Calculate your purchase price, and the Asked Yield. Nine months ago, Bank A issued a twelve-month, $2 million negotiable certificate of deposit (CD) with a

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Calculate your purchase price, and the Asked Yield. Nine months ago, Bank A issued a twelve-month, \$2 million negotiable certificate of deposit (CD) with a 0.048 percent quoted annual interest rate. Today, i.e., 12/3/2021, this negotiable CD is priced at $2,000,795.0 in the secondary market. Calculate (i) the total amount Bank A will pay to the CD bearer at its maturity next year; (ii) the bond equivalent yield on this CD based on its secondary market price today

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