Assume that a bond will make payments every six months as shown on the following timeline? (using six-month? periods):
Period 0 1 2 ------------------- 49 50
Cash Flows $ 20.28 $ 20.28 -------------------- $ 20.28 $ 20.28 + $ 1,000
a. What is the maturity of the bond? (in years)?
b. What is the coupon rate? (as a? percentage)?
c. What is the face? value?