Bond payments-coupon rate-face value


Problem:

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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Finance Basics: Bond payments-coupon rate-face value
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