A certificate of deposit (CD) often charges a penalty for withdrawing funds before the maturity date. If the penalty involves two months of interest, what would be the charge for early withdrawal on a $15000 CD with a 1.5% interest rate APR, compounded monthly?

You just purchased a high-grade corporate bond with a face value of $1000. The coupon rate is 2%. How much to you expect to be paid in coupon payments over the next year?