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KC Corporation issued bonds with a total par value of $100,000 on 1/1/201. The following loan amortization schedule was developed for these bonds: Based upon

KC Corporation issued bonds with a total par value of $100,000 on 1/1/201. The following loan amortization schedule was developed for these bonds: Based upon the above information, What is the effective (market) rate of interest? SHOW CALCULATIONS

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