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2. Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods): 0 1 2 3 20
2. Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods):
0 1 2 3 20 .. .
$20 $20 $20
a. What is the maturity of the bond (in years)? b. What is the coupon rate (in percent)? c. What is the face value?
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