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Shelton Corporation issued a $1 million bond that matures in 5 years. The bond has a stated interest rate of 10% and pays interest annually.

Shelton Corporation issued a $1 million bond that matures in 5 years. The bond has a stated interest rate of 10% and pays interest annually. The bond was issued at a price of $1,079,854. What are the calculator entries to solve for the market interest rate when the bond was issued?

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