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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 10%. 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 TABLE 4 Present Value of an Ordinary Annuity of $1 1 1- PVA - NI 1.0% 1.5 20 2.9 3.09 4.0% 4.5% SOM 5.5% 6.0% 1 0.99010 0.98522 0.98099 0.97561 0.97067 0.96618 0.96154 0.95694 0.95238 0.04787 0.94340 2 1.97040 1.9558 1.94156 1.92742 1.91347 1.89960 1.800 1.87267 1.85941 1.84632 1.82379 3 2.94099 2.01220 22188 2.85602 2.82861 2.80164 277500 2.74896 272325 2.69793 2.67301 4 3.90197 3.8543 22077376197 3.71710 3.67 308 3.620903.58753 354595 3.50515 3.45511 5 4.85343 4.78264 471346 4.64583 4.57971 4.51505 4.45182 4.39998432948 4 27028 4.21236 7.0% BLON 9.0% 10.0% 11.0% 12.0% 13.0% 0.93458 0.92593 0.01743 0.90909 0.00090 0.89286 0.88096 180802 1.78326 1.75911 1.73554 1.71252 1.69005 1.66810 262432 2.57710 2.53129 2.48685 2.44371 2.40183 2.36115 3.38721 3.31213 3.23972 2.16987 3.10245 3.03735 2.97447 4.10020 3.99271 3.88965 2.79079 3.69590 3.60478 3.51723 6 5.795485.60719 5.60143 5.50813 5.41719 5.328555.24214 5.15787 5.07569 4.99553 4.91732 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 2.99755 7 6.72819 6.59821 6.47199 6.34930623028 6.114546.00205 5.09270 5.78637 5.60297 5.58238 5.39929 5.20637 5.03295 4.86842 4.71220456376 4.42261 8 7651687.485937.32548 7.170147.01960 6.87396 6.73274 6.505.00 6.46321 630457 6.20979 5.97130 5.746645.53482 5.33493 5.14612 4.96764 4.79877 8.56602 8. MOS2 8. 16224 7.070877.78611 7.60760 7.43533 7.26870 7.10782 695220 6.80169 6.51523 6.24680 5.99525 5.75902 5.53705 5.32825 5.13166 109.47130 0.22218 8.98250 8.75206 8.530208.31661 8.11090 791272 7.72173753763 7.000 7.02358 6.71008 641766614457 5.89923 5.65022 5.42624 11 10.36763 10.07112 0.78605 9.51421 9.25262 0.00155 8.76048 8.52892 8.30641 8.00254 7.80687 749867 7.13096 6.80519 6.49506 6.20652 5.93770 5.6004 12 11.25508 10.90751 10.57534 10.25776 9.954000333 0.38507 0.11858 8.86325 8.61852 8.303847.94260 7.53608 7.16073 6.8110 6.49236 6.10437 5.91765 13 12.13374 1173153 11.47 10.0078 1043496 10.30274 0.98545 9.4828 0.39357 0.11708 8.85268 8.357657.00378 74000 7.10336 6.74907 6.42055 612181 14 13.00370 12.54330 12.10625 11.60 11.20607 10.02052 10.56312 10.222830864050965 9.29400 0.74547 0.24424778615 7.30 6.00187 662017 630240 15 13.04505 13.423 12.04926 12.08138 11.93794 11.51741 11.11090 10.7355 10.37066 10.03758 9.71225 9.10791 8.55040 8.060.0 7.60608 7.19087 6.10 6.46278 16 14.71787 14.1126 13.57771 13.05500 12.56110 12.00412 11.65230 11.23402 1083777 10.46216 10.105000446658.85137 8.31256 7.82371 737916 6.97399 6.60388 17 15.54225 14.90765 1429187 13.71220 13.16612 12.65112 12 16567 11.70719 11.27407 10.36461 10.47726 0.76322 9.121648.54363 8.02155 7.54879 7.11963 & 72000 18 16.9827 15.67256 14.00203 14.95336 19.75351 13.10048 12.45030 12.15000 11.60950 1124607 10.82760 10.05000 0.371898.75563 8 20141 7.70162 7.24967 600001 19 17.22601 16.0617 15.67846 14.97899 14,32380 13.70984 13.13004 12.59329 12.08532 11 60765 11.15812 10.33560 9.60360 8.95011 8.36492 7.83929 736578 6.93797 20 18.04555 17.1684 16.35143 15.58016 14.87747 14.21240 13.500331300794 12 46221 11.95038 11.46092 10.50401 9.81815 0.12855 8.51356 7.96333 746044 702475 21 18.85.608 17.00014 17.01121 16.18455 15.41502 14.69797 14.02916 13.40172 12 82115 12 27524 11.76408 10.83553 10.01680 9.29224 8.66860 807507 756200 7.10155 22 19.66038 18.6.2002 17.65805 16.76541 15.03602 15.16712 14.45112 13.78442 13.16300 1258317 1204158 11 06124 10.200749.44243 8.77154 8.17574 764465 7.16951 23 20.45582 19.33056 18.29220 17.33211 16.44361 35.62041 14.85684 14.14777 13.48857 1287504 12.30338 11.27219 10.37106 0.58021 888322 8.26643 7.71843 7.22966 24 21.24339 20.03041 18.91393 17.83499 16.93554 16.05837 15.24696 1449548 13.79864 13.15170 1255036 11 46933 10.52876 9.70661 8.98474 8.34814 7.78432 7.28288 25 22.02316 2071961 19.52346 18.42438 1741315 16.48151 15.62208 1482821 14.09394 13.41393 12.78336 1165358 10.87478 0.82258 9.07704 8.42174 74314 7.32908 30 25.00771 24.01584 22.30646 20.93029 190044 18.0205 17.29203 16.200 1537245 1453275 13.76483 12.4094 11.25778 1027385 0.42601 880379 805518 7.40565 35 29.40858 27.07559 24.90962 21.14516 2148722 20.0006 18.66461 17 46101 16 37419 1510055 14.9825 12.04767 1165457 105662 2.64416 8855248.17550 7.58557 40 32 3460 20.01585 2735548 25.10278 27.11477 2135507 19.79277 18 40158 17.15000 1604612 15.04630 13.33171 11.92461 10.75736 9.77905 8.95105 8.24378 763438 45 36.09451 3255234 29.40016 26.83302 2451871 22.49545 20.72004 10.15635 1777407 16.54773 15.45583 13.60552 12.10840 10.381209.85281 9.00791 82252 766086 50 39.19612 34.90960 31.42361 28.36231 2572976 23.45562 21.48218 19.76201 18 25593 1693152 15.76136 13.80075 12.23348 10.961689.91481 904165 8 30450 7.67524 TABLE 2 Present Value of $1 $1 PV II 1.09 1.5% 2.0% 2.5% 3.0% 3.5% 40 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 9.0% 10.0% 11.04 12.04 13.0% 1 0.00010 0.08522 0.00030 0.97561 0.97087 0.06618 0.96154 0.95694 0.95238 0.04787 0.94340 0.93458 0.92593 0.01743 0.90909 0.00090 0.89286 0.88496 2 0.98030 0.07066 0.96117 0.95181 0.94260 0.93351 0.92456 0.01573 0.90703 0.09845 0.89000 0.87344 0.8574 0.84168 0.82645 0.81162 0.79719 0.78315 3 0.97059 0.95632 0.94232 0.92860 0.91514 0.90194 0.99900 0.87630 0.86334 0.85161 0.83962 0.81630 0.79383 0.77218 0.75131 0.73119 0.71178 0.69305 4 096098 0.94218 0.92385 0.90595 0.88849 0.87144 0.85480 0.83856 0.82270 0.80722 0.79209 0.76290 0.73503 0.70843 0.68301 0.65873 0.63552 0.61332 5 0.95147 0.92626 0.90573 0.88385 0.86261 0.54197 0.82193 0.80245 0.78353 0.7651) 0.74726 071299 0.68058 0.64993 0.62092 0.59345 0.567430.54276 6 0.94205 0.01454 0.89797 0.86230 0.83740 0.81350 0.79031 0.76790 0.74622 0.72525 0.70196 0.66634 0.63017 0.59627 0.5640 0.53464 0.50663 0.48032 7 003272 0.00103 0.87056 0.84127 0.81300 0.750 0.75992 073483 0.71058 0.68744 0.66506 0.62275 0.58349 0.54703 0.51316 048166 0.45235 0.42506 8 0.92348 0.88771 0.85349 0.82075 0.70941 0.75041 073000 0.70319 0.6764 0.65160 0.62741 0.58201 0.54027 0.50187 0.46651 043393 0.40388 0.37616 0.01434 0.87459 0.63676 0.80073 076612 0.73373 0.70250 0.67200 044461 021763 0.50190 054393 0.50025 0.46043 0.42410 0.39092 0.36061 0.33288 10 0.90529 0.86167 0.82035 0.78120 0.74400 0.70192 0.67556 0.64393 061301 0.58543 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.3219 0.29459 11 0.09632 0.54193 0.00426 0.76214 0.72242 0.60495 0.64950 0.61620 0.50468 0.55401 0.52670 0.47500 0.42808 0.38753 0.350.400.31728 0.28748 0.26070 12 0.01745 0.83639 0.70940 0.74356 0.70110 0.4170 0.4240 0.50056 0.4 0.250 0.40107 0.44601 0.90711 0.35553 0.31863 0.28584 0.25668 0.23071 13 0.07M6 0.12403 0.77303 0.72542 0.68095 0.69040 0.40057 0.56427 0.53032 0.40056 0.46884 041406 0.36770 0.32618 0.20966 0.25751 0.22017 0.20416 14 0.86996 0.81185 0.75788 0.70773 0.66112 0.61778 0.57740 0.52097 0.50507 0.47257 0.44230 0.38782 0.1046 0.29925 0.26330 0.23190 0.20462 0.10068 15 0.86135 070085 0.74301 0.60047 044186 0.50609 0.55526 0.51672 0.40102 0.44793 0.41727 0245 0.31524 0.27454 0.23930 0.20900 0.162700.15090 16 0.05282 0.70803 0.72845 0.67362 0.62317 0.57671 0.53901 0.49447 0.45811 0.45 0.10165 0.33073 0.29119 0.25187 0.2173 0.18820 0.16312 0.14150 17 0.64438 0.77639 0.71416 0.65720 0.60502 0.55720 0.51307 0.47318 0.43650 0.40245 0.37136 0.31657 0.27027 0.23107 0.19784 0.16963 0.14564 0.12522 18 0.03609 0.76401 0.70016 0.64117 0.58730 0.380.49363 0.45280 041552 0.30147 0.35034 020586 0.25025 0.21199 0.17986 0.15282 0.13004 0.11081 10 0.92774 0.75361 0.68643 0.62553 0.57029 0.52016 0.47464 043330 0.39573 0,36158 0.33051 0.27651 0.23171 0.19449 0.16351 0.13768 0.11611 0.09806 20 0.81954 0.74247 0.67297 0.61027 0.55.36 0.50257 0.456.39 0.41464 0.3769 0.34273 0.31180 0.25842 021455 0.17843 0.14864 0.12403 0.10367 0.08678 21 0.81143 0.73150 0.65978 0.59539 0.53755 0.40557 0.49883 0.39679 0.5094 0.2436 0.29416 0.24151 0.19 0.16370 0.13513 0.11174009256 0.07680 22 0.80340 0.72060 0.64684 0.58086 052189 0.46015 0.42196 0.37970 034185 030793 0 27751 0.22571 0.18394 0.15018 0.12285 0.10067 0.01264 0.06796 23 0.70544 0.71004 0.63416 0.56670 050660 0.45320 0.40573 036335 032557 0.29187 0.26180 021095 0.17032 0.13778 0.11168 0.09069 0.07379 0.06014 24 0.78757 0.0054 0.62172 0.55288 0.49193 0.43796 0.39012 0.34770 0.31007 0.27666 0.24698 0.19715 0.15770 0.12640 0.10153 0.081700.04588 0.05323 25 0.77977 0.68921 0.60953 0.53939 0.47761 0.42315 0.37512 0.33273 0.295.300.26223 0.23300 018425 0.14602 0.11597 0.09230 0.07361 0.05682 0.04710 30 0.74192 0.69976 0.55207 0.47674 0.41199 0.35620 0.30832 0.26700023138020064 0.17411 013137 0.00038 0.07537 0.05731 004368 0.01738 0.02557 35 0.70591 0.50387 0.50003 0.42137 0.35538 0.29998 0.25342 0.21425 0.18129 0.15352 0.13011 0.09366 0.06763 0.04899 0.03558 0.02592001894 0.01388 40 0.67165 0.55126 0.45280 0.37243 0.30056 0.25257 0.208290.17193 0.14205 0.11745 0.09722 006678 0.04603 0.03184 0.02200 0.01533 0.01075 0.00753 45 0.61905 0.51171 0.41020 0.32917 0264.46 0.21266 0.17120 0.13796 0.11110 0.08988 0.07265 0.04761 0.03133 0.02069 0.01372 0.000130.00610 0.00400 50 0.60804 0.47500 0.37153 0.29094 0.22811 0.17905 0.14071 0.11071 0.08720 0.06877 0.05429 0.03395 0.02132 0.013450.008520.00542 0.00346 0.00222

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