You manage a pension fund. The fund promises to pay out $10 million in 5 years. You buy $7472582 worth of par-value bonds that pay 6% annually and mature in 8 years. 5 years from now, when you need to pay your pensioners, the market rate on same-risk bonds is 9.3%. Assume that 5 years from now, the coupon payments that you have reinvested over the life of the fund are worth a total of $2573698. Five years from now, when you need to pay out the money, what is total value of the pension fund? Round your answer to the nearest dollar.