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January 1, 2024, Wildhorse Company issued for cash a $1,220,000, 3-year note bearing annual interest at 8% to Indigo, Inc. The market rate of interest

January 1, 2024, Wildhorse Company issued for cash a $1,220,000, 3-year note bearing annual interest at 8% to Indigo, Inc. The market rate of interest for a note of similar risk is 9%What cash would h...

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