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Cripps Industries has a bond outstanding with 20 years to maturity, a 9.50% nominal coupon, semiannual payments, and a $1,000 par value. The bond has

Cripps Industries has a bond outstanding with 20 years to maturity, a 9.50% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 10.50% nominal yield to maturity, but it can be called in 5 years at a price of $1,100. What is the bonds nominal yield to call

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