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Mathematics, 05.07.2019 01:10 Annamea

Stealth fitness center issues 7%, 10-year bonds with a face amount of $200,000. the market interest rate for bonds of similar risk and maturity is 8%. 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.)

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