The Newly Issued Bonds of the Wynslow Corp

The newly issued bonds of the Wynslow Corp. offer a 6% coupon with semi-annual interest payments. The bonds are currently priced at par value. The effective annual rate provided by these
Bonds must be:

A) Equal to 3%.
B) Greater than 3% but less than 4%.
C) Equal to 6%.
D) Greater than 6% but less than 7%.
E) Equal to 12%.