Question: Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods): a. What is the maturity of

Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods):

Assume that a bond will make payments every six months

a. What is the maturity of the bond (in years)?
b. What is the coupon rate (as a percentage)?
c. What is the face value?

3 20 ND $20 $20 $20+ $1000 $20

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