A $5200 bond bearing interest at 4.2% payable semi-annually is due in 8 years. Money is worth 7.7% compounded semi-annually. What is the number of coupon payments?

a. 8

b. 4

c. 32

d. 16

A $3000 bond bearing interest at 3.9% payable semi-annually is due in 8 years. Money is worth 6.8% compounded semi-annually. What is the size of the coupon?

a. $102.00

b. $204.00

c. $58.50

d. $117.00