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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 Cash Flows 0 $20.88
Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods) Period Cash Flows 0 $20.88 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? 2 $20.88 a. What is the maturity of the bond (in years)? The maturity is years. (Round to the nearest integer) 59 60 $20.88 $20.88+$1.000
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