4. Rayan Company issues $6,000,000, 6%, 5-year bonds dated January 1, 2020 on January 1, 2020. The bonds pay interest semiannually on June 30 and December 31. The bonds are issued to yield 5%. What are the proceeds from the bond issue? 2.5% 3.0% 5.0% .88385 .86261 .78353 .78120 .74409 .61391 6.0% Present value of a single sum for 5 periods .74726 Present value of a single sum for 10 periods .55839 Present value of an annuity for 5 periods 4.21236 Present value of an annuity for 10 periods 7.36009 4.64583 4.57971 4.32948 8.75206 8.53020 7.72173 * (3 Points) O S6,000,000 O $6,216,494 O $5,218,809 $6.262.571