What is the bond nominal yield to call

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Janjigian Industries has a bond outstanding with 20 years to maturity, a 6.4% coupon paid semiannually, and a $1,000 par value. The bond has a 5% nominal yield to maturity, but it can be called in 5 years at a price of $1,052.04. What is the bond's nominal yield to call

Reference no: EM133122404

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