Question: Homework: Chapter 6 Homework (Copy) Score: 0 of 1 pt 1 of 11 (0 complete) P 6-2 (similar to) Assume that a bond will make
Homework: Chapter 6 Homework (Copy) Score: 0 of 1 pt 1 of 11 (0 complete) P 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 $19.77 $19.77 $19.77 +$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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