Solved: At what price will the bonds be issued, Financial Accounting

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At what price will the bonds be issued

Response to the following problem:

Stealth Fitness Center issues 7%, 10-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?

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Financial Accounting: At what price will the bonds be issued

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Financial Accounting: At what price will the bonds be issued

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