Consider a $30-$year bond with a face value of $$1,000$ that has a coupon rate of $5\mathrm{.}1\%,$ with semiannual payments.

a$.$ What is the coupon payment for this bond?

b$.$ Draw the cash flows for the bond on a timeline.

a$.$ What is the coupon payment for this bond?

The coupon payment for this bond is $$.($Round to the nearest cent.$)$