McDonald's (6.375 %) bonds due in 2028 were reported as selling for 108.89 . Were the bonds

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McDonald's \(6.375 \%\) bonds due in 2028 were reported as selling for 108.89 .

Were the bonds selling at a premium or at a discount? Explain.

objs. 2, 3

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Financial Accounting

ISBN: 9780324380675

10th Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac

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