Green Frog, Inc. plans to issue $10,000,000 in face value bonds on January 1, 2024 to finance its acquisition of Kermit Company. The bonds will mature in 10 years, have an 8 percent interest rate, and pay interest semi-annually beginning July 1,2024 . The CFO of Green Frog anticipates that the market interest rate on January 1,2024 , will be 10 percent. Required: a. What are the proceeds Green Frog anticipates to receive from the bond issuance