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A bond has a par value of $1,000 and a coupon rate of 6.0 percent. What is the dollar amount of the semiannual coupon payment?

A bond has a par value of $1,000 and a coupon rate of 6.0 percent. What is the dollar amount of the semiannual coupon payment?

A. $120
B. $15
C. $30
D. $60

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