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Question 145

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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 effective interest rate on the bonds? A) 3% B) 3.5% C) 6% D) 7%
-What is the annual effective interest rate on the bonds?


A) 3%
B) 3.5%
C) 6%
D) 7%

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