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Very interesting. I remember a few months ago you brought that particular verb up in another discussion. I think that
開く with its two possible meanings was brought up alongside it. I have to say, however, as late to the party as I am (new baby has kept me busy and Japanese study has been little and long between, if such a saying exists), that when I saw 「かえる」, the first thing that popped into my head was
変える, which I noticed wasn't even mentioned in the initial post.
The reason for that is that in the 4th grade class I partake in daily, one of the first kanji they learned for this year was
変(へん), which included the 「かえる」
音読み.
I also wanted to say, along with my infinitesimal Japanese knowledge, that another kanji with two readings which stands out for me is 「
角」. In maths (
算数), the 「かく」reading is used (meaning "angle"), whereas is other situations, I'm sure that its 「かど」 reading would be more common (meaning "corner").