Please show how to solve in simplest way with work, if needed excel is acceptable:

A corporate bond has a coupon rate of 6.25% a yield-to-maturity of 14% a par value of $1,000 and a current market price of $975. Therefore, the semi-annual coupon interest payment is _______. a.) $140.00 b.) $31.25 c.) $62.50 d.) $25.00 e.) $70.00