A bond has a yield to maturity of 7 percent. The bond matures in 10 years, has a face value of $1,000, and pays semiannual interest payments. What is the amount of each semi-annual coupon payment if...

A bond has a yield to maturity of 7 percent. The bond matures in 10 years, has a face value of $1,000, and pays semiannual interest payments. What is the amount of each semi-annual coupon payment if the current price of the bond is par?