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On January 1, 2021, Darnell Window and Pane issued $19,9 million of 10-year, zero-coupon bonds for $6,407,267. (FV of $1, PV of $1. EVA of

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On January 1, 2021, Darnell Window and Pane issued $19,9 million of 10-year, zero-coupon bonds for $6,407,267. (FV of $1, PV of $1. EVA of \$1. PVA of \$1. 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

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