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Assume that a bond will make payments every six months as shown on the following timeline ( using six - month periods ) : Periods

Assume that a bond will make payments every six months as shown on the following timeline (using six-month periods):
Periods
0
Cash Flows
0
1
$20.59
$20.59
$20.59
$20.59+$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?
a. What is the maturity of the bond (in years)?
The maturity is years. (Round to the nearest integer.)
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