Question: Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods): The timeline starts at Period 0
Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods): The timeline starts at Period 0 and ends at Period 40. The timeline shows a cash flow of $ 19.82 each from Period 1 to Period 39. In Period 40, the cash flow is $ 19.82 plus $ 1,000. 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?

Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods): Period 0 1 2 39 40 Cash Flows $19.82 $19.82 $19.82 $19.82 + $1,000 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? a. What is the maturity of the bond in years)? The maturity is 20 years. (Round to the nearest integer.) b. What is the coupon rate (as a percentage)? The coupon rate is 1%. (Round to two decimal places.) c. What is the face value? The face value is $. (Round to the nearest dollar.)
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