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Stealth Fitness Center issues 5%, 9-year bonds with a face amount of $200,000. The market interest rate for bonds of sim
Posted: Sun Jul 03, 2022 4:11 pm
by answerhappygod
- Stealth Fitness Center Issues 5 9 Year Bonds With A Face Amount Of 200 000 The Market Interest Rate For Bonds Of Sim 1 (10.92 KiB) Viewed 11 times
Stealth Fitness Center issues 5%, 9-year bonds with a face amount of $200,000. The market interest rate for bonds of similar risk and maturity is 6%. Interest is paid semiannually. At what price will the bonds be issued? Use Table 2 and Table 4. (Round "PV Factor" to 5 decimal places. Round other intermediate calculations and final answer to the nearest dollar amount.) Issue prite