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Ex4. We buy a 3 year $100,000 note with stated rate of 12% paid annually at yr end. We paid $107,594 for it. Show the

Ex4. We buy a 3 year $100,000 note with stated rate of 12% paid annually at yr end. We paid $107,594 for it. Show the entry for this purchase. Assume the effective rate is 9%, amortize the note's premium or discount

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