please answer C
A bank has issued a six-month. $16 million negotiable CD with a 0.45 percent quoted annual interest rate (ic, sp points 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 $1.598.900. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $16 million face value CD. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B R Calculate the bond equivalent yield and the CAR on the CD. (Use 365 days in a ye. Do not found intermediate calculations Round your answers to 3 decimal places. (e.g. 32.161)) Bond equivalent yield % 0.456 0457 EAR Required ) 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 $1,598,900. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $16 million face value CD. 3 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required A Required B Required C How much will th o tiable CD holder receive at maturity? (Do not round intermediate calculations. Round your answer to nearest whole number. 9., 32)) CD holder will receive at maturity 1,603,600 A bank has issued a six-month $1.6 million negotiable CD with a 0.45 percent quoted annual interest rate (ic, spl points 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 $1,598,900. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $16 million face value CD. Answer is complete but not entirely correct. 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 $1,598,900. Calculate the new secondary market quoted yield, the bond equivalent yield, and the EAR on the $1.6 million face value CD. (Use 365 days in a year. Do not round intermediate calculations. Round your answers to 4 decimal places. Ce... 32.1616) Bond equivalent yield Secondary market quoted yield EAR 0 2250 0 2280 28.0930 % % %
