Bonds dated January 1st, 2020 are issued on April 1^st, 2020. The bonds have a face value (par value) of $2,000,000 and a stated annual interest rate of 2.5%. The bonds pay interest semiannually on July 1^st and January 1^st of each year. If one investor buys all of these bonds, and the bonds are issued at par, calculate the total payment that he must make to purchase these bonds on April 1^st, 2020. HINT: The investor must pay for any interest that accrues prior to him buying the bonds.