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Stealth Fitness Center issues 7%, 9-year bonds with a face amount of $200,000. The market interest rate for bonds of similar risk and maturity

Stealth Fitness Center issues 7%, 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. Required At what price will the bonds be issued? Use a financial calculator or Excel. (Do not round intermediate calculations. Round final answer to the nearest dollar amount.)

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