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Lopez Plastics Co.(LPC) issued callable bonds on January 1,2016.LPC's accountant has projected the following amortization schedule from issuance until maturity:
Use the following to answer questions Lopez Plastics Co.(LPC) issued callable bonds on January 1,2016.LPC's accountant has projected the following amortization schedule from issuance until maturity: -What is the annual stated interest rate on the bonds? A) 3.5% B) 6% C) 7% D) None of the answer choices is correct.
-What is the annual stated interest rate on the bonds?


A) 3.5%
B) 6%
C) 7%
D) None of the answer choices is correct.

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