Stealth Fitness Center issues 7%, 8-year bonds with a face amount of $300,000. 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.) sue phe TABLE 2 Present Value of $1 ST 20% 13.0% C 3P% 20% 25% 2.5% 40% 45% 5.0% 5.5% 60% 7.0% 8.0% 9.0% 10.0% 11.06 12.0% 10990100522 090039 07541 0.97087 096418 0.96154 005604 045238 0.94787 094400345 09253 091743 000000 0.90090 63120 2 098030 0.7064 096117 095181 094260 092351 092456 091573 090703 039645 089000 087344035734 084148 02645 0.81162 079719 078315 37059 0.95432 694212 020 001514 0.00194 0.000 0.87630 086364 085141 087942 081430 079383 077218 075131 073119 021178049305 4096099 094218 92385 0.0055 04 037144 08540 083954 082270 0.80722 079209 076290 073503 070843 068301 045873 03552 041332 5 09510 092825 090573 085 0241 0.0417 082393 080245 079353 076513 074725 071299 0058 044993 0.42092 059345 034743 0.54276 094205 0.91454 088797 0.86230 083748 01350 079021 074790 034622 0.72525 07040 044634 0.43017 050427 056447 0.53464 050643 648032 7093272 090103 07056 0.34127 081300 078599 075992 073483 071068 048744 06506 062275 053 0547000513104105235 0.4250 092348 0.30771 045349 042075 07941 0.75041 073069 070319 0.47404 0.45100 042741 058201 054027 050187 0451 0.43293 0403 0.37614 +091434 047459 083676 080073 076442 673373 070254 647290 04461 041763 03910 650s 650025 044043 042410 029092 836061 0332 10 090529 636147 2005 078120 624400 670092 047554 064773 041391 038543 05583 05035 046319 042241 038554 35218 0.3219702945 11 089612 084093 080426 076214 072242 0.849505495 12 06745 023639 078849 074354 070138 044170 042480 13 074 082403 77303 672542 048005 042940 040057 140 041 0757 070772 044112 031778 0774 16 44135 079995 074301 040047 0441 059 052 0.61620 058468 055491 052679 0.47509 04263753 030 0317 0.28748 036070 058066 055404 052509 040487 0.44401 639711 035553 0314) 828584 0.2544823071 54427 053032 0.4954 044 041494 036770 022418 0.29964 0.25751 022917 020414 5397 050507 047257 044230 030042 034044 0.29905 02333 0221 020442 01804 055472 04102 044793 041727 34245 031524 027454 023 020000 616279 0.15999 16 07003 072545 07342 042717 657471 052091 45447 045811 042458 0395 03373 02910 025187 021743 01829 0.14312 14150 17 048 077639 071414 041720 040502 055720 051337 60218 04330 040045 0371 027 027027 023107 0.1974 630063 034544 012522 18 08302 2441 070016 044117 054739 0.53 0.49363 845290 0.41552 030147 0.35034 0.29546 025025 0219 01794 0.15282 013004 11081 19 082774 7534057009 52016 047464 643330 0.29573 836158 033061 627651 023171 0194 14351 013768 015611 00000 50257 045470 041464 077409 034273 021180 025442 625455 017843 0144 012403 010347 07 20 081954 67420 847297 641027 65 25 42 023150 645978 039539 052755 5704) 530679 0.35894 0.324 029416 0241 0.1964 014370 12513 011174 501054 007640 22 040 672069 044 580 521 415 042194 037970 034185 30793 027751 622571 018304 615018 012295 0.10067 044 004796 23 079544 871004 043414 054470 650 645329 040673036335 0.3255782917 024180 2105 1702 11779 8111 80909737900014 34 676757 0454 042172 562 41 64376 39012 34770 031007 027644 0244019715 015770 12440 10152 000170 00 0032 25 677977 84921 040953 653939 0.47741 042315 037612 031273 6205082223 0200014425 01400211547 020807341 001442 004710 30074192 A76 655207 47474 0411 035428 63832 024700 023134 0344 017411 613137 600017 00731 004 00333800 2003 650003 642137030029990252 825425 61 1532 0130114000743049 0 2 0014 O 4647145 36126 452037243 0.30 025257 02029 0.1718) 6540 011746 004722 06476 000 6 0220 00153 00 600753 543905 051171 641 03291702444 0212 61700 19 111309 007345 004741 000133 002069 01372 80013 000618 00409 50 64080480500637153 02904 022811 817905 01807 611071 000720 804477 005429 0.0395 002132 00134 000852 8.00542 0.00344 0.00222 - TABLE 4 Present Value of an Ordinary Annuity of $1 PVA- 2.9% 20% 3.5% 70% 8.0% 9.0% 100% 11.0% 12.0% 13.0% 093458 0.92593 091743 090909 0000900302049 130802 178128 175911 1.73554 171252 1490051.66810 242432 257710 253129 24845 244371 240183 2.36115 33721 331213 323972 314907 2.10245 3.03735 297447 410000 3.99271 33965 379079 3.69590 380478 351723 476454 442288 448592 435526 423054411141 39755 130929 5.20637 503295 486442 471220 454376 442361 $97130 5.74644 533482 533493 514612 496364 479877 451523 42489 5.99525 575902 553705 5.32825513164 702258 671008 641766 14457 588922 545022 5.42624 M 10% 1.5% 2.0% 4.0% 4.5% 5.0% 5.0% 6.0% 1099010 098522 098039 097561 0.97087 096618 0.96154 0.95604 0.95238 0.94787 094340 2 197040 1955 194156 1.92742 191347 18 1809 187267 1.85941 134432 183239 3294099 291220 288388 2.95402 2.82961 2.80164 277509 274896 272325 244793 267301 4290197 185438 180773 374197 371710 347308 342990 358753 354595 350515 3.46511 5485343 478264 471346 464583 457971 451505 445182 43998 432948 427028 421236 4579548 540719 540143 550813 541719 532055 524214 515767 507549 499553 491732 7672819 650821 447199 434939 623029 611454 600205 589270 575637 548297 554238 74514 7.4593 7.32544 7.17014 701949 687796 673274 659509 46321 633457 420979 56602 36052 16224 79707 778611 74076 7.43533 7.26879 710782 695220 680149 10 947130 922218 98250 8.75206 853020 83166111090 791272 772173 753763 73009 11 10.36763 10.07112 975 951421 925262 900155 76048 8.52992 30641 809254 734647 12 11.25500 10.90751 10.57534 10.25776 995400 944333 938507 9.11858 86325 84152 838344 12 1213374 1173153 11.34037 1098319 1043896 10.30274 9.98545 948285939357 11708 885248 14 1300370 1254338 12.10625 1149091 11.29607 10.92052 10.54312 10.22283 90964 950965 9.2941 15 136505 133023 1244/26 12:38138 11.93794 1151741 11.11839 1073955 10.37966 10.03758 971225 56 1471797 1413126 13.57771 1305500 12.56110 12.09412 1165230 11.23402 1083777 1046216 10.10590 831254 782371 7.37914 697299 66034 17 1556225 1490765 1429187 1371220 13.16412 1245132 12.14547 11.70719 11.27407 1006441 10.47726 854363 802155 7.54879 2.11963 672909 18 16.39627 15.47256 1499203 1435336 1375351 13.10968 12.45930 12.15000 11.40959 11.24407 10.82740 1005909 9.37189 8.75543 20141 7.20162 224967 633991 19 17.22401 14.42417 1547046 1497809 14.3230 1370964 13.13394 1239329 12.00532 1140745 11.15412 1033540 940360 895011 83442 7.43929 736578 6.93797 20 1804555 17.16464 14.35143 15.58916 1487747 14.21240 13.59023 13.00794 12.44221 11.95008 11.44992 1059401 941815 91205551356 7.96322 746944 732475 749967 7.13894 480519 49506 620652 5.937705494 794269 753608 7.56073 681369 649236 4.19437 591765 35745 7.90378 74690 2.10336 674967 6.42355612181 $74547 $24424 7715 734449 498187 662817 30249 93091 55948 0400 740608 7.19047 481066444238 9445 885137 976322 9.12164 21 1854 17.90014 17.01121 1618455 1541502 14.49797 1402916 134002 122115 12.27524 11.76400 1082553 10.01480 929224 64889007507 754200 7.10155 22 1903 1862082 17.45805 16.74541 1593692 15.14712 1445112 1370442 13.14300 1258317 12.04118 1106124 10.20074 944243 877154 0.17574 74445 7.149511 23 2045582 19.33066 16.29220 17.33211 14.4431 1542041 14.85404 14.14777 1348857 1247504 12.30338 11.27219 10.37106 58021 08322 26443 771643 72294 24 2124339 20.00041 1891393 17.46499 16.93554 16.05837 15.24606 14.49548 13.79664 13.15170 12.55034 11.45933 10.12674 970661 896474 34814 7.79432 7.28298 25 2202314 2071961 19.52346 18.42438 1741315 14.48151 15.42200 14.82821 14.00394 13.41393 12.78336 1145358 10.47478 92254 07704 842174 784314 73299 3250771 2401564 22.29644 2093029 1940044 1839205 17.29203 14.2009 15.37245 1453275 1376463 12.40004 11.25778 10.27345 942491 49379 805518 7.49545 35 29 27.07559 2499842 22.14516 2140722 20.00044 1846441 1746101 1637419 15.30055 1449425 129067 1145457 10354482 944416 85524 .17550 7.58557 4012434 2901545 27.35548 25.10278 23.11477 2135507 19.79277 1840158 17.15909 16.04612 15.04430 1332171 11.92441 1075734 977905 95105 834378 743438 45 3600451 3255234 29.49016 2483302 2451871 22.49545 2022004 19.15635 17.77407 1654773 15.4554) 1240552 12.10040 10.88120 9.86201 900791 828252 744084 to 3.19412 54999 3142361 2834231 25.72976 23.45542 21.48218 19.74205 18.25543 1493152 15.76186 1330075 12.23346 10.96168 991481 9.04165 830450 7.47524