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Part $1$

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

The timeline starts at Period $0$ and ends at Period $50.$ The timeline shows a cash flow of $19\mathrm{.}13$ each from Period $1$ to Period $49.$ In Period $50,$ the cash flow is $ $19\mathrm{.}13$ plus $ $1,000.$

Periods$012$nothing$4950$

Cash Flowsnothing$ $19\mathrm{.}13$$ $19\mathrm{.}13$nothing$ $19\mathrm{.}13$$ $19\mathrm{.}13$ plus $ $1,000$

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?

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Part $1$

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

The maturity is

$$

enter your response here years.$($Round to the nearest$$ integer.$)$