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Sandhill Inc. has the following general - purpose debt for the year ended December 3 1 , 2 0 2 3 : 8 % ,

Sandhill Inc. has the following general-purpose debt for the year ended December 31,2023:
8%,2-year note, issued January 1,2023 for $541000
7.50%5-year note, issued March 31,2023 for $769000
9%,20-year bond, issued October 1,2023 for $2000000
Calculate the capitalization interest rate.
8.13%
8.36%
8.39%
5.56%

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