On January $1,$ IBM Company issues bonds that have a $$38,000$ par value, mature in $5$ years, and pay $6\%$ interest per year. Interest payments are paid to

bondholders semiannually on June $30$ and December $31.$ How much interest does IMB pay to bondholders every six months if the bonds are sold at par?

Multiple Choice

$$1,140$

$$13,680$

$$4,560$

$$11,400$

$$2,280$