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Lalbicocca Company has a bond outstanding with 1 5 years to maturity, an 8 . 2 5 % nominal coupon, semiannual payments, and a $

Lalbicocca Company has a bond outstanding with 15 years to maturity, an 8.25% nominal coupon, semiannual payments, and a $1,000 par value. The bond has a 6.50% nominal yield to maturity, but it can be called in 6 years at a price of $1,120. What is the bonds nominal yield to call? Use excel to complete this

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