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A corporation issues $1,000,000 of 8%, 5-year bonds. The 8% rate of interest is called the yield contractual market effective rate. A corporation issues $1,000,000

A corporation issues $1,000,000 of 8%, 5-year bonds. The 8% rate of interest is called the yield contractual market effective rate.
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A corporation issues $1,000,000 of 8%,5-year bonds. The 8% rate of interest is called the rate. yield contractual market effective

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