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  1. business
  2. finance
  3. assume that a bond will make payments every six mo

Assume that a bond will make payments every six months as shown on the following...

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Finance

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Assume that a bond will make payments every six months as shown on the following timeline: Period 0 1 2 13 14 Cash flow $40.00 $40.00 $40.00 $1,040.00 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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