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Stealth Fitness Center issues 9%, 6-year bonds with a face amount of $200,000. The market Interest rate for bonds of similar risk and maturity is

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Stealth Fitness Center issues 9%, 6-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.) Issue price PV +11 II 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 1 0.00010 0.98522 0.98039 0.97561 0.97087 0.96618 0.96154 0.95804 0.95228 0.5% 6.0% 7.0% 0.0% 0.0% 0.0% 11.0% 12.04 12.0% 2 0.98030 0.97056 0.96117 0.95181 0.94260 0.93351 0.92456 0.91573 0.90700 0.39845 0.19000 0.87344 0.85734 2.34168 0.94787 0.00340 0.93458 0.925 2.91742 0.0002 0.00000 0 3 0.97059 0.95632 0.94232 0.92860 0.91514 0.90194 0.88900 0.87630 0.86384 0.85161 0.80962 0.81630 0.82045 0.81162 071 01 4 0.96098 0.9218 0.92385 0.90595 0.88849 0.87144 0.85480 0.83856 0.82270 0.80722 0.79209 0.762.90 0.79383 0.77218 0.75131 0.73119 071178 0.48305 5 0.95147 0.92826 0.90573 0.88385 0.86261 0.84197 0.82193 0.80245 0.78353 0.750 0.70843 0.00001 BAT 0432 0.76513 0.74726 0.71299 0.58058 0.64993 062092 0.59345 0.5674 0.56276 6 0.94205 0.91454 0.88797 0.86230 0.83748 0.81350 0.79031 0.76790 0.74622 7 0.72525 0.01% 0.03272 0.90103 0.87056 0.84127 0.81309 0.79590 0.75092 0.73483 0.71068 048744 066506 0.62275 0.58340 0.64634 063017 0.59627 0.5640 0.53454 0.03 0.46082 8 0.92348 0.88771 0.85340 0.82075 0.78941 0.75041 0.73069 0.70319 0.67684 0.65160 0.62741 0.58201 0.54027 0.54700 051316 0.48166 0ASZOS ORSO 9 0.91434 0.50187 0.46651 043099 0.87459 0.83676 0.80073 0.76642 0.73373 0.70259 0.67290 064461 0.61763 0.59190 0.54393 0.0025 0.46043 042410 0.39092 0.40388 0.37616 10 0.90529 0.86167 0.82035 0.78120 0.74409 0.70892 0.67556 0.36061 0.32288 0.64393 0.61391 0.58543 0.55839 0.50835 0.46319 0.42241 0.554 0.35218 0.32197 0.29459 11 0.89632 0.84893 0.80426 0.76214 0.72242 0.68495 0.64958 0.61620 0.58468 0.55491 0.52879 0.47509 042888 0.38753 0.35049 0.31728 0.28748 0.26070 12 0.88745 0.83639 0.78849 0.74356 0.70138 0.66178 0.62460 0.58966 0.55684 0.52598 0.49697 0.44401 0.39711 0.35553 0.31863 0.28584 0.25668 0.23071 13 0.87866 0.82403 0.77303 0.72542 0.68095 0.63940 0.60057 0.56427 0.53032 0.49856 0.46884 0.41496 0.36770 0.32618 0.20966 0.25751 0.22917 0.20416 14 0,86996 0.81185 0.75788 0.70773 0.66112 0.61778 0.57748 0.53097 050507 0.47257 0.44230 0.38782 0.34046 0.20025 0.22 0.21190 0.20462 0.100 15 0.86135 0.79985 0.74301 0.69047 0.64186 0.59689 0.55526 0.51672 0.48102 0.44793 0.41727 0.6245 0.31524 0.27454 0.22939 0.20900 0.16270 0.15989 16 0.85282 0.78803 0.72845 0.67362 0.62317 0.57671 0.53391 0.49447 045811 0.42458 0.39365 0.33873 0.29199 025187 0.21763 0.18829 0.16912 0.14150 0.84438 17 0.77639 0.71416 0.65720 0.60502 0.55720 0.51337 0.47318 0.43630 040245 0.37136 0.31657 0.27027 023107 0.19784 0.16963 0.14564 0.12522 18 0.83602 0.76491 0.70016 0.64117 0.58739 0.53836 0.49363 0.45280 0.41552 0.38147 0.35034 0.29586 0.25025 0.21199 0.17986 0.15282 0.13004 0.11081 0.43330 0.39573 036159 0.33051 0.27651 0.23171 19 0.92774 0.75361 0.68643 0.62553 0.57029 0.52016 0.47464 0.19419 0.16351 0.12768 0.11611 0.09806 20 0.81054 0.74247 0.67297 0.61027 0.55368 0.50257 0.45639 0.41464 0.37689 04273 0.31180 025842 0.21455 017343 0.14864 0.12003 0.10367 0.08678 0.16370 0.13513 0.11174 0.09256 0.07680 21 0.81143 0.73150 0.65978 0.59539 0.53755 0.48557 0.43883 0.39679 0.35894 0.32416 0.20416 024151 0.19 22 0.80340 0.72059 0.64684 0.58086 0.52189 0.45915 042196 0.37970 0.34185 0.0792 0.27751 022571 0.18394 015018 0.12285 0.10057 0.08264 0.04796 0.13778 0.11168 0.09069 0.07379 0.06014 23 0.79544 0.71004 0.63416 0.56670 0.50669 0.45329 0.40573 0.36335 0.32557 0.29187 0.26180 0.21095 0.17032 012640 0.10153 0.08170 0.06588 0.05323 24 078757 0.69954 0.62172 0.55288 0.49193 0.43796 0.39012 0.34770 0.31007 0.27666 024698 0.19715 0.15770 25 0.77977 0.68921 0.60053 0.53939 047761 0.42315 0.37512 0.33273 0.20530 026223 023300 0.18425 0.14602 0.11597 0.09230 0.07361 0.05082 0.04710 0.20044 0.17411 0.13137 0.09938 0.07537 0.05731 0.0035 0.0028 0.02557 30 0.74192 0.63976 0.55207 047674 0.41100 0.35628 0.30832 0.2670002313 004800 000558 0.02502 0.01094 00138 0.01075 35 0.00753 0.70501 0.59387 0.50003 0.42137 0.35538 0.29098 0.25342 0.21425 0.10129 015352 013011 0.09346 0.06763 003184 0.02209 0.01538 0.11746 0.09722 0.06678 0.04603 0.02069 0.00913 0.01372 0.00610 0.00409 0.67165 0.55126 0.45289 0.37243 0.30656 0.25257 020829 0.17192 014205 40 0.00988 007265 0.00761 0.00133 0.01345 0.00852 0.00542 0.0004 0.00272 45 0.61905 0.51171 041020 0.3.2017 0.26444 0 21266 017120 0.13796 0.11130 0.06877 0.05429 0.03095 0.02132 50 0.60804 0.47500 0.37153 0.29094 0.22811 0.17905 0.14071 0.11071 0.08720 TABLE4 Present Value of an Ordinary Annuity of $1 PVA - MI 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% .0% 5.54 6.0% 7.0% 0.0% 9.0% 10.0 11.04 12.04 12.0% 1 0.99010 0.9052 0.980.39 0.97561 0.97087 0.96618 0.96154 0.95694 0.95230 0.94787 0.94340 0.93458 0.92393 0.01743 0.00 0.00 2 1.97040 1.95558 0. 1.94156 1.92142 6 1.91347 1.89969 1.88609 1.87267 1.85041 1.84632 1.83339 1.80802 1.78326 3 2.94099 2.91220 2.80386 1.75911 1.73554 171252 1. 000 1.66810 285602 2.82861 2.80164 2.77509 2.74896 272325 2.09793 2.47301 242432 257710 253129 245685 2445/1 240183 236115 4 3.90197 385430 200773 7 6197 3.71710 3.67308 3.62990 3.58753 54595 3.50515 3.46511 3.38721 3.31213 722 11698 10245 3.073 297447 $ 4.85343 4.78264 4.71346 4.64583 4.57971 4.51505 4.45182 4.39990 4.32940 4.27028 4.21236 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 251723 6 5.79548 5.69719 5.60143 5.50013 S41719 32055 5.24214 5.15787 5.075.00 4.99553 4.91732 4.76654 4.62288 4.48592 4.35526 4.21054 4.11141 299755 7 6.72819 6.59821 6.47199 6.34939 6.23028 6.11454 6,00205 5.09270 5.78637 5.60297 8.58239 5.30929 5.20637 5,03295 4.86842 4.71220 4.56376 442261 8 7.65168 7.485937.32548 7.170147.01969 6.87396 6.73274 6.59589 6.46321 6.33457 6.20979 5.97130 5.744 5.53482 539493 514612 4.96764 797 9 8.56602 8.36052 8.162247.97087 7.78611 7.60760 7.43533 7 26879 7.10782 6.95220 6.80169 6.51523 6.24689 5.99525 5.7502 5.51705 5.32825 5.13166 10 9.47130 9.22218 8.98259 8.75206 8.53020 8.31661 8.11090 7.91272 7.72173753763 7.36009702358 6.710066.41766 6.14457 6.86923 5.65022 5.42624 11 10.36763 10.07112 9.78685 9.51421 9252629.00155 8.76048 852892 8.30641 8.09254 7.80687 749867 7.13896 6.80519 6.49506 6.20652 5.93770 5.68694 9.954009663339385079.11858 8.46325 12 11 25508 10.90751 10.57534 10.25776 8.61852 8.38384 7.9420 7. 508 7.16073 6.0129 6,49236 6.19437 691765 612161 13 12.13374 11.73153 11.348371090019 10.63496 10.30274 9.9856596B285 9.37 0.11708 808526835765 7.90378748690 7.10216 6.7097 6.42 14 13.00370 12.54338 12.10625 11.60091 11.29607 10.92052 10.56312 10.222839.89864 0.50965 9.294988.74547 8.24424 7.78615 7.3669 6.98187 6.62817 6.30249 9.10791 8.550488.66069 760608 7.19087 6,810 6.45238 15 13.86505 13 34323 12 84926 12 38138 11.93794 11.51741 11.118.30 10.73955 10 37966 10.03758 9.71225 94465 8.851378.31256 7.82371. 7.37916 6.97.390 6.60388 16 14.71787 14.13126 12.57771 13.05500 12.56110 12.09412 11.65230 11.23402 10.83777 10.46216 10.10590 9.7622 9.12164354363 8.02155 7.54879 7.11953 672909 17 15.56225 14.90765 14 29187 13.71220 13.16612 12.65132 12. 16567 11.70719 11.27407 10.36461 10.47725 8.75563 8.20141 7.701627.24967 6 991 18 16.39827 15.67256 14.99203 14.35336 13.75351 13.18968 1265930 12.15099 11.68950 11.24607 10.12760 10.05909 9.37189 8.95011 8.36492 7.83929 7365786.93797 19 1722601 16.42617 15.67846 14.97800 14.32380 13.70934 13.13394 12.59320 1208532 11.60765 11.15812 10.33560 9.40360 0.12655 8.51356 7.96333 746944 70275 2018.04555 17.16344 16.35143 15.50916 14.87747 14.21240 12.59033 13.00794 12.46221 11.95008 11.46992 10.59001 9.81815 9.2922464869 .6750T 756200 7.19155 9.44243 8.77154 8.17574 74465 7.14951 21 18.85.698 17.90014 17.01121 16.18455 15 41502 14.69797 14.02016 13.40472 12.82115 12 27524 11.760081081553 10.01680 22 19.66038 18.62082 17.65805 16.76541 15.93692 15.16712 14.45112 12.78442 13.16300 12.58317 12.04158 11.06124 10.20074 958021 8.3822 82643 7.710 722056 15.62041 1485684 14.14777 13.03857 12.87504 12.30338 1127219 10.37106 23 20.45582 19 33086 18 29220 17.33211 16.441 24 21.243.39 20.03041 18.01393 17.88499 16.93554 16.05837 15 24696 14.49548 13.79864 13.15170 1255036 11 46933 10.528769.70661 8.98474 8.3401477102 7.212 25 22.02316 20.71961 19.52346 18.42438 1741315 16.48151 15.62208 14.82821 14.09.394 11.41393 12783361165358 10677892258 9.07704 842174 730147129 30 25 30771 24.01584 22 39646 20.93029 19.60044 18.39205 1729203 16.28889 15.37245 14.53975 13.76483 12.4094 1125778 10.27385 9.421918.979.05518 7.09545 35 29 40858 27.07559 24.00862 23.14516 21 48722 20.00066 18.66461 17 46101 16.37410 15.30055 14.40025 12.90767 11.45457 10.56254016815524175507 40 32.83460 29.01565 27.35548 25.10278 23.11477 2135507 19.70277 18.40158 17.15900 16.04612 15.04630 13.30171 11.92451 10.75736 0779059105. 780 45 36.09451 3255234 29.49016 26.83302 2451871 22.49545 20.72004 19.15635 17.77407 16.54773 15.45583160552 12.1040 10.90120520100701 2252760 50 39.19612 34 99969 31.42361 28.35231 25.72976 23.45562 21.40218 1.76201 5 3 16.0152 15.76156 0 0/5 122004 10.961690141904165 3050767824

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