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What is the maturity of the bond

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Reference no: EM131455685

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?

Reference no: EM131455685

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