3) Manvester Steliing Inc. has a semiannual, 12-year bonds which is selling at par and have an effective annual yield of 4.6529%. What is the amount of each interest payment if the face value of the bonds is $1,000? (Show all the necessary steps of the calculations) (20 marks)

NB: I saw some solutions but I need the right one with details and please don't upload any pictures. Write-In a word.

Thank you.