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Market interest rate for bonds of similar risk

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Stealth Fitness Center issues 5%, 6-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.

Reference no: EM131045716

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Market interest rate for bonds of similar risk : Stealth Fitness Center issues 5%, 6-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.
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