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    Bond Payments, Coupon Rate, Face Value

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    Assume that a bond will make payments every six months.

    The timeline is 0, 1=$20, 2=$20, 3=$20....20= $20+$1000

    What is the maturity of the bond (in years)?
    What is the coupon rate (in percent)?
    What is the face value?

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    Solution Preview

    Please see attached file.

    Assume that a bond will make payments every six months.
    The timeline is 0, 1=$20, 2=$20, 3=$20....20= $20+$1000

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

    Solution Summary

    Calculates Bond Payments, Coupon Rate, Face Value

    $2.19

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