On January 1, 2019, Broker Corp. issued $3,300,000 par value 9%, 9-year bonds which pay interest each December 31. If the market rate of interest was 11%, what was the issue price of the bonds? (The present value factor for $1 in 9 periods at 9% is 0.4604 and at 11% is 0.3909. The present value of an annuity of $1 factor for 9 periods at 9% is 5.9952 and at 11% is 5.5370.) Multiple Choice $3,695,686. o $2,934,459. o $3,163,915. o o $3,300,000