XYZ Inc issues $1000 million face value, eight year bonds with a coupon rate of 3 5 At the time of issuance, the market interest rate is 4 5 Using the effective interest rate method of amortisation, what is the amortisation in year 2 ...

To calculate the amortization in year 2 using the effective interest ra ...

XYZ Inc. issues $1000 million face value, eight-year bonds with a coupon rate of 3.5%. At the

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XYZ Inc. issues $1000 million face value, eight-year bonds with a coupon rate of 3.5%. At the time of issuance, the market interest rate is 4.5%. Using the effective interest rate method of amortisation, what is the amortisation in year 2?

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