The interest payment on a 6% coupon, semi-annual bond is $30 every 6 months.

Name: The interest payment on a 6% coupon, semi-annual bond is $30 every 6 months.
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Quizplus · Accepted Answer

This is true because the interest payment on a 6% coupon bond is calculated as 6% of the face value of the bond and paid semi-annually. If the face value is $1000, for example, the annual interest payment would be $60 ($1000 multiplied by 6%) and paid $30 every 6 months.

The Interest Payment on a 6% Coupon, Semi-Annual Bond Is