A bond has a coupon rate of 6 percent and the bond makes semiannual coupon payments. The dollar amount of coupon interest received every six months is (Assume $100 Face Value)

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The dollar amount of coupon interest received every six months is $30. This is because the coupon rate is 6 percent, and the bond makes semiannual coupon payments. So, the dollar amount of coupon interest received every six months is $100 (face value) x 6% (coupon rate) / 2 (number of semiannual payments) = $30.

A Bond Has a Coupon Rate of 6 Percent and the Bond