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A bond carries the following characteristics: . O . Par 1,000 Semiannual payments Coupon rate at 6% Market rate at 8% Time to maturity 5

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A bond carries the following characteristics: . O . Par 1,000 Semiannual payments Coupon rate at 6% Market rate at 8% Time to maturity 5 years . . 11. How many payments remain if the bondholder maintains ownership of the bond through time to maturity? 12. What is the coupon for this bond? 13. How often is the coupon paid? 14. Should you pay Par value for this bond, were it for sale? 15. What is the value of the bond

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