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Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods): Period 0 2 39 40

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Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods): Period 0 2 39 40 Cash Flows $20.47 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? $20.47 a. What is the maturity of the bond (in years)? The maturity is years. (Round to the nearest integer.) $20.47 $20.47 +$1,000

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