1. You buy a municipal bond for $20,000 with an interest rate of 5%, and you hold it until its maturity date in ten years. a. What is the amount of the interest payment you will receive every six...

1. You buy a municipal bond for $20,000 with an interest rate of 5%, and you hold it until its maturity date in ten years.

a. What is the amount of the interest payment you will receive every six months?

b. What amount will you receive back in ten years?