Question: PLEASE SHOW ALL WORK FOR A THUMBS UP 3. S. De Sisti Corporation has a bond outstanding with 15 years to maturity, an 8.25% nominal

PLEASE SHOW ALL WORK FOR A THUMBS UP

3. S. De Sisti Corporation 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 bond's nominal yield to call? (2 points)

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