What are the payment characteristics for bonds?
	Face Value Amount the Issuer Pays to Redeem a Bond Usually $1,000 for Corporate Bonds Semiannual Interest Payments Amount Paid Each 6-Month Period Determined by Multiplying a Bond’s Coupon Rate  by $1,000; • Eg. An 8% Bond Pays $80 Interest a Year (0.08 x $1,000) with Two Payments of $40 Each