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On January 1, 2018, Darnell Window and Pane issued $18.2 million of 10-year, zero-coupon bonds for $6,409,758. (FV of S1. PV of S1 FVA of

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On January 1, 2018, Darnell Window and Pane issued $18.2 million of 10-year, zero-coupon bonds for $6,409,758. (FV of S1. PV of S1 FVA of $1. PVA of S1, FVAD of $1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) Required: 2. Determine the effective rate of interest. 1. &3.to 5. Prepare the necessary journal entries. Complete this question by entering your answers in the tabs below General Interest rateJourna Determine the effective rate of interest

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