Question: Please explain and show work ! Thanks again! Assume that a bond will make payments every six months as shown on the following timeline (using
Please explain and show work ! Thanks again!
Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods): Period 0 1 19 20 Cash Flows $19.49 $19.49 $19.49+$1,000 $19.49 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 isyears. (Round to the nearest integer)
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