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Ace Products has a bond issue outstanding with 1 5 years remaining to maturity, a coupon rate of 7 . 2 % with semiannual payments
Ace Products has a bond issue outstanding with years remaining to maturity, a coupon rate of with semiannual payments of $ and a par value of $ The price of each bond in the issue is $ The bond issue is callable in years at a call price of $ What is the bond's nominal annual yield to call YTC Do not round intermediate calculations. Round your answer to two decimal places.
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