Recently the high and low market prices of Canadian Pacific Limited's debentures (see problem 1) were $790
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Recently the high and low market prices of Canadian Pacific Limited's debentures (see problem 1) 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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