Interest Bearing Notes Pricing
There are three kinds of interest bearing notes, including one-year notes, two-year notes, and three-year notes. One-year notes bore 5 percent interest and were issued in denominations ranging from $10 to $5,000. Two-year notes also bore 5 percent interest and were issued in denominations spanning from $50 to $1,000. Three-year notes carried 7-3/10 percent interest and were issued in denominations from $50 to $5,000.
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