Assume that a bond will make payments every six months as shown on the following timeline...
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Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods): Period 0 2 49 50 Cash Flows $20.07 $20.07 $20.07 $20.07+ $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 2 49 50 Cash Flows $20.07 $20.07 $20.07 $20.07+ $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?
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