What is the bonds nominal yield to, Financial Management

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What is the bonds nominal yield to

One year ago Carson Industries issued a 10-year, 15% semiannual coupon bond at its par value of $1,000. Currently, the bond can be called in 6 years at a price of $1,075, and it now sells for $1,280. What is the bond's nominal yield to maturity? Do not round intermediate calculations. Round your answer to two decimal places. %

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Financial Management: What is the bonds nominal yield to

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