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Assume that a bond will make payments every six months as shown on the following timeline: Period 0 1 2 25 26 Cash flow $
Assume that a bond will make payments every six months as shown on the following timeline:
Period 0 1 2 25 26
Cash flow $ 15.00 $ 15.00 $15.00$1,015.00
a. What is the maturity of the bond (in years)?
b. What is the coupon rate (in percent)?
c. What is the face value?
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