Question: I need typed answer with explanation. Don't use AI BOT. Give me a proper step by step explanation I will thumb up. Assume that a

I need typed answer with explanation. Don't use AI BOT. Give me a proper step by step explanation I will thumb up.

Assume that a bond will make payments every six months as shown on the following timeline: Period 0 1 2 11 12 Cash ow $35.00 $35.00 $35.00 $1,035.00 3. What is the maturity of the bond (in years)? b. What is the coupon rate (in percent)? 0. What is the face value? a. What is the maturity of the bond (in years)? The maturity of the bond in years is I: years. (Round to the nearest integer.) b. What is the coupon rate (in percent)? The coupon rate is %. {Round to two decimal places.) c. What is the face value? The face value is $[:J. {Round to the nearest dollar.)

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