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    Exam 15: Long-Term Liabilities
  5. Question
    The Contractual Interest Rate Is Always Stated as A(n)
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The Contractual Interest Rate Is Always Stated as A(n)

Question 189

Question 189

Multiple Choice

The contractual interest rate is always stated as a(n)


A) monthly rate.
B) daily rate.
C) semiannual rate.
D) annual rate.

Correct Answer:

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