Problem 2 On January 1, 2019, Shirley Corporation purchased 10% bonds dated January 1, 2019, with a face amount of $10 million. The bonds mature in (10 years). For bonds of similar risk and maturity, the market yield is 12%. Interest is paid semiannually on June 30 and December 31. Table 4 -Present value of ordinary annuity of $1 and Table 2-Present value of $1 are attached. Required: 1. Determine the price of the bonds at January 1, 2019