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What is the yield to maturity on a $1,000 par value 8 7/8 percent McDonald's Corporation bond if the investor buys the bonds at the

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What is the yield to maturity on a $1,000 par value 8 7/8 percent McDonald's Corporation bond if the investor buys the bonds at the following market prices? Assume the coupon is paid annually and the bond matures in 15 years. $1, 175 $1,000 $850

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