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plz provide calculations --11 Question 2 View Policies Current Attempt in Progress On May 1, 2021, Sandhill Corp. issued $940,000 of 5-year, 7% bonds at
plz provide calculations
--11 Question 2 View Policies Current Attempt in Progress On May 1, 2021, Sandhill Corp. issued $940,000 of 5-year, 7% bonds at 95. The bonds pay interest annually on May 1. Sandhill's year end is April 30. Calculate the effective rate of the bonds using Excel or a financial calculator. (Round answer to 4 decimal places, es 1.5751.) Effective rate % e Textbook and Media List of Accounts oStep by Step Solution
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