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Current Attempt in Progress Kenneth Clark Company sells 8 % bonds having a maturity value of $ 2 , 6 2 0 , 0 0
Current Attempt in Progress
Kenneth Clark Company sells bonds having a maturity value of $ for $ The bonds are dated January and mature January Interest is payable annually on January
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Determine the effectiveinterest rate. Round present value factor to decImal places, eg and final answer to decimal places, eg
The effectiveinterest rate
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