Minmei purchases a 5-year 1000000 bond with coupons at 6% convertible semiannually. Huiang purchases a 10-year bond with par value X and coupons at 6% convertible semiannually. Both bonds are redeemable at par and both are purchased to yield a nominal annual rate of 4% compounded semiannually. Suppose that immediately after purchasing the bonds, both Minmei and Huiang sell their bonds to an investor who ends up yielding a nominal annual rate of 2% compounded semiannually If Huiang and Minmei both earn the same amount in profit, then find X. Give your answer rounded to the nearest whole number (i.e. X)