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A 10-year, $1,000 face value bond sells for $1,075. The bond has a 9% semiannual coupon and is callable in 5 years and a call
A 10-year, $1,000 face value bond sells for $1,075. The bond has a 9% semiannual coupon and is callable in 5 years and a call price is $1,035. What is the bond's nominal yield to call?
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