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Stealth Fltness Center issues 9%,8-year bonds with a face amount of $200,000. The market interest rate for bonds of similar risk and maturity is 8%.
Stealth Fltness Center issues 9%,8-year bonds with a face amount of $200,000. The market interest rate for bonds of similar risk and maturity is 8%. Interest is pald semlannually. Required: At what price will the bonds be Issued? Use a finandal calculator or Excel. (Do not round Intermedlate cakuletions. Round finel answer to the nearest dollar amount.|
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