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Schwebach Industries has a bond outstanding with 2 5 years to maturity, a 9 % coupon paid semiannually, and a $ 1 , 0 0

Schwebach Industries has a bond outstanding with 25 years to maturity, a 9% coupon paid semiannually, and a $1,000 par value. The bond has a 7.4% nominal yield to maturity, but it can be called in 5 years at a price of $1,077.91. What is the bonds nominal yield to call?
a.5.45%
b.6.10%
c.6.52%
d.7.00%
e.7.35%

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