Can you help me answer this accounting question?

In this example, the stated rate (10%) is the same as the effective rate (10%). The bonds were issued at their face value of $3,000,000. So there would be no discount or premium to amortize. The price received for each $1,000 bond is $1,000. The cash payment and interest expence each payment period would be $3,000,000 x 10% x 1/2 = $150,000 or $50 per bond.