Shaq Corporation issued $10,000 of bonds on January 1, 2018. The bonds pay interest semiannually. This is a partial bond amortization schedule for the bonds. 
What is the effective annual rate of interest on the bonds?
A) 4.0%.
B) 4.5%.
C) 8.0%.
D) 9.0%.
Correct Answer:
Verified
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