very confused
Stealth Fitness Center issues 7%, 7-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 calculations and final answer to the nearest dollar amount.) (Round "PV Factor" to 5 decimal places. Round other intermediate Issue price 5 PVA- 4.0% 25% 3.5% 4.5% 5.0% 1.5% 2.0% 3.0% 5.5% 6.0% 7.0% 0.0% 0.0% 1.0% 0.0% 11.0% 12.0% 13.0 1 0.00010 0.08522 0.98039 0.97561 0.97087 0.96618 0.96154 0.95694 0.01743 0.90909 0.00090 0.89286 O.RS 0.95238 0.94787 0.94340 0.93458 0.92593 2 1.97040 1.95588 1.94156 1.92742 1.91347 1.89969 1.88600 1.87267 1.75011 1.73554 1.71252 1.69005 1.84 1.85941 1.80802 1.78326 1.84632 1.83339 2.94099 2.91220 288388 2.85602 2.82861 2.80164 2.77509 274896 2.72325 2.69793 2.67301 2.62432 2.57710 2.53129 2.48685 2.44371 2.40183 2.36 290197 3.4543 2.80777 3.76197 3.71710 3.67308 3.620903.58753 254595 3.50515 3.46511 3.38721 3.31213 3.23972 3.16987 3.10245 3.03735 2972 5 4543 478244 471346 4.64583 4.57971 4.51505 445182 4.38998 4.32948 4.27028 4.21236 4.10020 3.99271 3.88965 3.79079 3.69590 3.60478 2511 5.79548 5.60719 5.60143 5.50813 5.41719 5.32855 5.24214 5.15787 5.07560 4.99553 4.91732 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 3.997 + 6.72819 6.50821 6.47199 6.34939 6.23028 6.11454 6.00205 5.89270 5.78637 5.69297 5.58238 5.38929 5.20637 5.03295 4.86842 4.71220 4.56376 4.422 745188 7.48503 7.32548 7.170147 .019606.87396 6.73274 6.59580 6.46321 6.33457 6.20979 5.97130 5.74664 5.53482 5.33493 5.14612 4.96744 4.79 . 856602 8.36052 8162247.970877.78611 760760 7.43533 726879 7. 10782 6,95220 6.80169 6.51523 6.24689 5.99525 5.75902 5.53705 5.32825 5.131 9.2130 0.22218 8.98250 8.75206 8.53020 8.31661 8.11090 7.91272 7.72173 7.53763 7.36000 702358 6.71008 6.41766 6.14457 5.88923 5.65022 5.424 1036763 10.07112 0.78585 9.51421 9.25262 9.00155 8.76048 0.52892 8.30641 8.09254 7.39687 749847 7.13896 6.80519 6.49506 6.20652 5.93770 5.686 11.25508 10.00751 10.57534 1025776 9.95400 966333 938507 0.11858 8.86325 8.61852 8.38384 794260 7. 508 7.16073 6.81369 6.49236 6.19437 5.917 12.13274 11.73153 11.34837 10.08319 10.63496 10.30274 9.08565 9.60285 9.39357 0.11708 8.85260 9.35765 7.90378748690 7.10336 6.74987 6.42355 6. 121 1300370 12.54338 12.10525 11.60091 11.29607 10.92052 10.56312 10:22283 9.89844 2.589459.20499 7 4547 8.244247.78615 7.36669 6.98187 6.62817 6302 12.650S 12.34323 12.84926 12.38138 11.9794 11.51761 11.11879 1073955 10.37966. 10.03258 0.71225 9.10791 8.559488.06060 7.60608 7.19087 6.81085 64621 1471787 14.13126 12.57771 13.05500 12.56110 12.09412 11 65230 11.23402 10.80777 1046216 10.105909.446658.85137 8.31256 7.82371 7.37916 6.97399 6.6038 15.56225 14.90765 14.29187 12.71220 13.16612 12.65132 12.16567 11.70719 11.27407 10.36461 10.47726 9.76322 9.12164 8.54363 8.02155 7.54879 7.11963 6.7290 1670827 15.67256 14.00203 14.35136 13.75351 13.10958 12.45930 12.15000 1161959 11.24607 10.12760 10 05009 9.371898.75563 8 20141 7.70162 724967 400 1722601 16.2617 15.67846 14.97899 14.32380 13.70984 13.13994 12.59329 12.08532 11.60765 11.15812 10.33560 104555 17.1641651615.50016 14.87767 14.21240 13.5903 13.00794 12.46221 11.95038 11 1992 10.50601 2.810159.12255 251356 7.96333 74044 7.024 9.60360 8.95011 36492 7.83929 736578 6.9379 18.5698 17.90014 17.01121 16.18455 15.41502 14.69797 14.02916 13.40472 122115 12.27524 11.76400 1 MOIS 18.2012 17.45BOS 1670541 15. 992 15.16712 14.45112 12.78442 13.16300 12.580171204158 1106124 10.20074 10.80553 10.01680 9.29224 8.6439 8.07507 7.56200 7.1015 20.45582 19.200 16.29220 17.31211 16.44351 15.62041 14.85684 14.14777 13.48857 1287504 12.30338 1127219 10.37106 9.44243 .77154 8.17574 7 45 7.1695 21.24370 20.03041 1912 17.68409 1693554 16.05837 15 24696 14.49549 13.79864 13.15170 12.550M 0.58021 8.88322 8.26643 771843 7.2296 220316 2071961 19.52346 142433 1741315 16.49151 15.62203 14.82821 14.09394 13.41793 127834 11A4933 10.52876 9.70661 8.98474 8.34814 7.78432 7.2828 1145358 10.47478 9.82258 9.07704 8.42174 7.84314 7.3200 25.80771 24.01584 22.79646 20.93029 1900 18.39205 17.29203 16.2009 1537245 14.53375 13.76483 29.40858 27.07550 2490342 2218516 2148722 20.000 12 40904 11.25778 10.27365 9.42601 8.69379 8.05518 7.49565 18.461 17.46101 16.37419 15.29055 14.49825 324 29.01585 27.35548 25.10278 27.11477 21.355 12.04767 11.45457 10.56682 9.64416 8.85524 8.17550 7.SASS 10.79277 18 40158 17.15909 1604612 15.04630 13.30171 11.92461 10.75736 9.77905 8.95105 8.24378 76341 09451 1255234 29.49016 26.83302 2451871 2240545 20.72004 19.15635 17.77407 16.54773 15.45583 13.052 12.10840 10.88120 9.86281 9.00791 8.28252 7.66086 9.19612 34. 31.42381 2036231 25.72976 23.45542 21.48218 19.76201 18.25593 1693152 15.76186 13.00075 12.23348 10.96168 9.91481 9.04165 8.30450 7.67524 TABLE 2 Present Value of $1 PV- 25 35 N 20 30 40% to 5.% O 6.0% 70% 13.0 90% 11.04 80% 100% 12.0 0106 1 99010 2 20099 07551 0.07087 0419 096154 0.95604095278004787 0.94340 094458 .92593 09174) 0000000000000392 0.10845 0.89000 0.87344 085734 0.34168 0.2645 0.81162 0.79719 2 .98030 0.07066 0.96117 0.95181 094260 0.03351 0.92456 0.91573 0.90703 0.78315 30.07050 420.94212 0.92340 0.01514 0.00194 0.20900 0.876300.16384 0.85161 0.87962 0.81630 07933 077278 0.75131 073119 071178 0.80305 4 0.46098 0.0218 0.92385 0.90505 0.88849 0.87144 0.85480 0.8.3856 0.82270 0.80722 0.79209 0.76290 0.73503 0.70843 0.66301 0.65873 0.63552 0.61332 5005147 0.02026 0.00573 0.88385 0.261 0.84197 0.82193 0.0245 0.78353 0.76513 0.74725 0.71299060058 0.6493062092 0.59345 0.56733 054276 6 0.04205 0.01454 0.38797 0.86230 0.03748 0.81350 0.79031 0.76790 0.74122 0.72525 0.70496 0.64.34 0.63017 0.50427 0.56447 0.53464 0.50663 0.48032 7 212720001010054 M177 0.31309 0.78590 0.75002 0. 7 1 0.7108 0.68744 0.50 0.62275 0.58349 054703051316 040146 0.45235 0.42506 # 0.02348 0 771 0.5340 0.2075 0.70941 0.75041 0.73060 0.70319 0.67684 0.65160 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.37616 20104 0.007) M 37 0.70259 0.47290 0 01 061763 0.50100 0.54193 0.50025 0.460430410 0. 2 0.0 0.32 10 0.205.29 0.6167 0.2035 0.78120 0.74409 0.70002 0.67556 0.40 0.61301 0.58543 0.55890 0.00 0.45319 042241 0.38554 0.352180 2197 0.20459 11 0.106.12 OMI 0.10426 0.74214 0.72202 0.40495 0.64058 061620 0.58468 0.55491 0.52679 0.47500 0.42888 0.38753 0.30 0.31728 0.28748 0.26070 12 0.38745 08630 670840 0.74356 0.70138 0.46178 0.62460 0.50966 0.55684 0.52598 0.49102044401 0.99711 0.35553 0.31843 0.28584 0.25444 0.71071 1) 0.7 0.82401 0.77303 0.72542 0.68095 0.47040 0.60057 0.56427 0.53032 0.49856 0.46884 0.41496 0.36770 0.32610 0.20945 0.25751 0.22917 0.20416 14 0.36006 0.81185 0.75788 0.70773 0.66112 0.61778 0.57748 0.53097 0.50507 0.47257 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.18068 15 0.86135 0.70085 0.74301 0.60047 0.64186 0.59680 0.55526 0.51672 0.48102 0.44703 0.41727 0.36245 0.31524 0.27454 0.27930 0.20900 0.182700.15099 16 025282 0 03 0.72845 0.87342 0.62317 0.57671 0.53991 0.49447 0.45811 0.42458 0.59365 0.33873 0.29189 0.25187 0.21763 0.18829 0.16312 0.14150 17 OB 0.7769 0.71416 0.45720 0.002 0.55720 0.51337 0.47318 0.436.30 0.40245 0.37136 0.31657 27027 023107 0.1974 0.16963 0.14564 0.125.22 18 GE 0 76401 070016 0.54117 0.57 0.59035 0.49363 0.45280 0.41552 0.3810 0.5034 0.29506 025025 0.21100 0.1796 0.15282 0.13004 0.11001 19 0.32774 0.75361 0.8643 0.62553 0.57029 0.52016 0.47454 0.43750 0.79573 0.36158 0.37051 0.27651020171019449 0.16351 0.13768 0.11611 0.09806 20 0.81954 0. 7 0 0.67297 0.61027 0.5556 0.50257 0.45679 0.41464 0.37689 0.34273 0_31180 0.25042 021455 0.17849 0.14864 0.12403 0.10367 0.00678 21 0.81140.73150 0.65078 0.50539 0.53755 0.48557 0.43883 0.39679 0.35894 0.32486 0.20416 0.24151 0.19866 016370 0.13513 0.11174 0.09256 0.07680 22 0.80340 0.72049 0.64684 0.50 0.52189 0.45015 0.42196 0.37970 0.34185 0.30793 0.27751 0.22571 0.18394 0.15018 0.12285 0.10067 0.08264 0.06796 23 0.79544 071004 063416 0.56670 0.50 0.45320 0.40573 0,36335 0.32557 0.29187 0.26180 021095 0.17032 0.13778 0.11168 0.000600.07379 0.06014 24 078757 0.0054 042172 0.28 0.40193 0.4379 0.30012 0.34770 0.31007 0.27666 0.24608 0.19715 0.15770 012640 0.10153 0.00170 8 009 010 009 05910 640141 092 0912 9 320 0296 024 221 02100 0 12 0 1 400 0 1 1997 9020 0241 340 0.005 0.05121 3410 20 014192 0476 0.55207 0.064 0.4110001428 0.30832 0.26700 027138 0.20064 0.17411 0.131370.09938 0.07537 005731 0.008 0.03333 > GO 0.02557 ON SOO 0.42132 0. 0 0.250.21235 0.18129 0.15352 0.13011 000 00663 00410 . 0718555125 0.45289 0.3728 SS 0.02592 0.01004001 6 0.25257 020820 017193 0.14205 0.11745 0.097220 0 4 & 51171 0.41020 0.32917 06:44 0.2124 0.17120 0.13796 0.1113000988 0.07265 0.00761 0.0012 200114 0.02209001538 001075 0.00753 50 0.04 0.47500 0.37153 0.29094 022411 0.17005 0.14071 0.11011 008720 0.02000001372 0.00913 0.00110000100 0.06877 0.05429 0.0005 0.02132 0.01345 0.00052 0.00542 0.00146 0.00222