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6-2. 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
6-2. 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 $20 + $1000 a. b. What is the maturity of the bond (in years)? What is the coupon rate (in percent)? What is the face value? C
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