Question: Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods Period 1 2 60 Cash Flows
Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods Period 1 2 60 Cash Flows $19.67 $19.67 $19.67 $19.67 +$1,000 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
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