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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 1 2 59 60

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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 1 2 59 60 + + Cash Flows $20.07 $20.07 $20.07 $20.07 +$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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