A bond will make semiannual payments every six months as shown on the following timeline (using six-month periods): t=0 t=1 t=2 t=19 t=20 $50 $50 $50 $1240 What is the face value? (Round to the nearest integer). Answer: Question 16 Not yet answered Points out of 1.00 P Flag question A 10-year bond, $1,000 face value bond with a 8% coupon rate and semi-annual coupons has a yield to maturity of 17%. The bond should be trading at a price of $_ (Round to the nearest cent.)