Assume that a bond will make payments every six months as shown on the following timeline ( using six- months period):
0 1 2 3........20
20 20 20 20+1000
a) What is the maturity of the bond (in years)?
b) What is the coupon rate (in percent)?
c) What is the face value?
-basic example of 6 months maturity bond calculations including
maturity of bond in years