Dwign1esybeateamow Dwign1esybeateamow
  • 13-03-2017
  • Business
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A corporation issues $1,000,000 of 8%, 5-year bonds. the 8% rate of interest is called the __________ rate.

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Photon
Photon Photon
  • 13-03-2017
The answer would be : contractual rate.

Hope this helps !

Photon
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