Determine the yield-to-maturity of one of the debentures


Problem:

Recently the high and low market prices of Canadian Pacific Limited's debentures (4 %) were $790 and $475 respectively. Determine the yield-to-maturity of one of these debentures if it was purchased under the following conditions:

a. at the high market price

b. at the low market price

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Finance Basics: Determine the yield-to-maturity of one of the debentures
Reference No:- TGS01820278

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