You have just purchased a one$-$year, $$750,000$ negotiable CD$,$ which will pay a $3\mathrm{.}85$ percent annual interest rate.

Note: For all requirements, do not round intermediate calculations.

Round your answers to $2$ decimal places. $($e$.$g$.,32\mathrm{.}16)$

a$.$ If the market rate on the CD rises to $4\mathrm{.}10$ percent, what is its current market value?

Current Market Value at $4\mathrm{.}10\%$ Market Rate: $

$748,198\mathrm{.}85$

b$.$If the market rate on the CD falls to $3\mathrm{.}60$ percent, what is its current market value?

Current Market Value at $3\mathrm{.}60\%$ Market Rate: $

$751,809\mathrm{.}85$