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Estuary Enterprises has bonds on the market making annual payments, with eleven years to maturity, a par value of $1,000, and selling for $958 and

Estuary Enterprises has bonds on the market making annual payments, with eleven years to maturity, a par value of $1,000, and selling for $958 and a 5.86 percent coupon rate, identify the Yield to Maturity (YTM).

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