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READ THE QUESTIONS CAREFULLY & Good luck! D Question 32 2.5 pts On Nov 1, 2020, Equalize Inc., a cosmetics company, bought inventory by issuing

READ THE QUESTIONS CAREFULLY & Good luck! D Question 32 2.5 pts On Nov 1, 2020, Equalize Inc., a cosmetics company, bought inventory by issuing a $2,000,000 noninterest bearing note due in eight months. If at the end of 2020, Equalize recognized $100,000 interest expense, what is the implicit interest rate of this note? 25.0% 50.0% 37.5% 27.5% Previous Neimage text in transcribed

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