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Assume that Amazon issued a 1 0 - year note on January 1 , 2 0 1 4 with a face value of $ 5
Assume that Amazon issued a year note on January with a face value of $ million. Further, assume that the stated interest rate on this note was payable annually, but the market interest rate was for companies that matched Amazons risk profile on that date. Calculate, using excel formulas, how much Amazon would have actually received from this note issued.
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