On January 1, 2017, Kaizen Corporation issued a $450 million note that matures in 5 years. The

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On January 1, 2017, Kaizen Corporation issued a $450 million note that matures in 5 years. The note has a stated interest rate of 6 percent. When the note was issued, the market rate was 6 percent. Th 2 answers

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On January 1, 2017, Kaizen Corporation issued a $450 million note that matures in 5 years. The

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