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Suppose a 1 0 - year bond with a face value of 1 0 0 0 has a coupon rate of 0 . 0 6

Suppose a 10-year bond with a face value of 1000 has a coupon rate of 0.063, with semiannual payments. What is the
coupon payment for this bond per 6-month period?
Instruction: Tvpe ONLY vour numerical answer in the unit of dollars, NO $ sign, NO comma, and round to the nearest,
whole number. E.2.. if vour answer is $7.001.56. should tvDe ONLY the number 7002, NEITHER 7,001.6, $7001.6,$7,001.6,
NOR 7001.56. Otherwise, Blackboard will treat it as a wrong answer.
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