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1. A bond has a par value of $1,000 a current yeild of 7.02% and a semiannual coupon payments. the bond is quotes at 100

1. A bond has a par value of $1,000 a current yeild of 7.02% and a semiannual coupon payments. the bond is quotes at 100 in Wall Street Journal. What is the amount of each coupon payment?
2. A bond has a quoted price of $1,000. it has a face value of $1,000 a semiannual coupon of $30 and a maturity of 5 years. what is the current yield?

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