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Rush issued callable bonds on January 1,2021 . Rush's accountant has projected the following amortization...

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Accounting

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Rush issued callable bonds on January 1,2021 . Rush's accountant has projected the following amortization schedule from issuance until maturity: What is the annual stated interest rate on the bonds? (Hint: Be sure to provide the annual rate rather than the six-month rate.) (Do not round your intermediate calculations.) Multiple Choice 10%. 11%. 5%. 12%

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