Bateman Enterprises Invested in the Bonds of Greater Glouster on January

Bateman Enterprises invested in the bonds of Greater Glouster on January 1,2015.These 10-year,$100,000 bonds pay interest of 3% every June 30 and December 31.The effective rate of interest for similar bonds on January 1 was 4%.What is the semi-annual interest payment received by Bateman for these bonds?

A) $1,500
B) $3,000
C) $2,000
D) $4,000