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Assume that a bond will make payments every six months as

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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Finance Basics: Assume that a bond will make payments every six months as

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Finance Basics: Assume that a bond will make payments every six months as

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