Assume that a bond will make payments every six months as shown on the following?timeline:

The timeline starts at Period 0 and ends at Period 22. It shows cash flows of $40.00 in each period from Period 1 to Period 21. In Period 22, the cash flow is $1,040.00.

Period 0 1 2 21 22

Cashflow$ 40.00 $40.00 $40.00 $1,040.00

a. What is the maturity of the bond?(in years)?

b. What is the coupon rate?(in percent)?

c. What is the face?value?

Assume that a bond will make payments every six months as shown on the following timeline: Period 2 21 22 Cash flow $40.00 $40.00 $40.00 $1,040.00 a. What is the maturity of the bond (in years)? b. What is the coupon rate (in percent)? c. What is the face value? a. What is the maturity of the bond (in years)? The maturity of the bond in years is years. (Round to the nearest integer.) b. What is the coupon rate (in percent)? The coupon rate is %. (Round to two decimal places.) c. What is the face value? The face value is $. (Round to the nearest dollar.)