A company has issued a $$1,000,000$ floating rate note with a coupon rate equal to the three$-$

month LIBOR$+65$bps$.$ Interest payments are made quarterly on $31$ March, $30$ June, $30$ september,

and $31$ December. On $31$ March and $30$ June, the three month libor is $1\mathrm{.}55\%$ and $1\mathrm{.}35\%$ respectively.

What would the coupon rate for the interest rate for the interest payment on $30$ June? What would

be the dollar amount of the June $30$ Payment?