Question: Dexter Construction Corporation is building a student condominium complex; it started construction on January 1 , Year 1 . Dexter borrowed $ 2 . 5
Dexter Construction Corporation is building a student condominium complex; it started construction on January Year Dexter borrowed $ million on January specifically for the project by issuing a year, $ million note, which is payable on December of Year Dexter also had a year, $ million note payable and a year, $ million note payable outstanding all year. Calculate the weighted average interest rate on the nonconstructionspecific debt for Year
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