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to repay the 596,000 proceeds on December 31 of Year 2 . The prevaling interest rate on similar notes is 11 h. Assume that the

to repay the 596,000 proceeds on December 31 of Year 2 . The prevaling interest rate on similar notes is 11 h. Assume that the couc of the land is equal to the tir wixt uf the note Required - Note: Round answers to the nearest whole dollar. amortize the discount

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