for this specifically, about the ans that u gave me, what is 6/12 means n where does it comes from

ware Promo Inc. has just issued 20-year semiannual coupon bonds with a face value of 000. The annual coupon rate is 5.5% and the current yield to maturity is 4.5%. (a) What is the company's current price per bond? (2 marks) [Present the formulae, calculations, values of parts and final answer in the table below.) Formulae (or Excel Functions used) = PV(rate, nper, pmt, fv) (0.5 mark) Amount of each coupon payment and $2.75 calculation: [calculation:] [1000*5.5%*(6/12) (0.5 mark) Total number of coupon payments for 20 years and calculation: (0.5 mark) [calculation: Current price of the bond: (0.5 mark)