Question: 4.0 - Nominal yield to call. Using Excel please solve the following problem. Please show all Excel commands / arguments. Jerome Corp's bonds have 15

4.0 - Nominal yield to call. Using Excel please solve the following problem. Please show all Excel commands / arguments.

Jerome Corp's bonds have 15 years to maturity, an 8.75% coupon paid semiannually, and a $1,000 par value. The bond has a 6.5% nominal yield to maturity, but ti can be called in 6 years at a price of $1,115. What is the bond's nominal yield to call?

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