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Sentaria Assisted Living Centers has a current tax - exempt bond issue with a coupon rate of 5 % selling for $ 6 1 9

Sentaria Assisted Living Centers has a current tax-exempt bond issue with a coupon rate
of 5% selling for $619.70 per bond ( $1,000 par value for each) and has 15 years
remaining to reach maturity. What is the bond issue's estimated yield to maturity
(YTM)? Interpret the meaning of this result to the bond issue's investor(s).
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