Question: i need the answer with a clear explaination how did you get the answer please Stealth Fitness Center issues 7%, 10-year bonds with a face

i need the answer with a clear explaination how did you get the answer please

i need the answer with a clear explaination how did you get

Stealth Fitness Center issues 7%, 10-year bonds with a face amount of $200,000. The market interest rate for bonds of Similar nsk and maturity is 8%. Interest 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.) ssue price

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