Question: FIN 320 - Fall 2019 Homework: Chapter 6 Homework Score: pt 1 of 11 (10 come 2P 6-2 (similar to) Assume that a bond will
FIN 320 - Fall 2019 Homework: Chapter 6 Homework Score: pt 1 of 11 (10 come 2P 6-2 (similar to) Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods): Period 39 40 Cash Flows $20.56 $20.56 $20.56 $20.56 + $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 years. (Round to the nearest integer.)
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