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Harbortown Health System has a current tax - exempt bond issue with a coupon rate of 6 % selling for $ 8 0 3 .

Harbortown Health System has a current tax-exempt bond issue with a coupon rate of
6% selling for $803.64 per bond ( $1,000 par value for each) and has 20 years remaining
to reach maturity. What is the bond issue's estimated yield to maturity (YTM)?
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