Preheat oven to 400 degrees.
Slice bread loaf into ½-inch thick slices.
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In a medium-bowl or stand mixer, whisk cream until stiff peaks form.
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In a separate bowl, whisk together the egg yolks and sugar for about 2 minutes.
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Using a rubber spatula, gently fold the egg yolks into cream. Add bourbon and 1/8 tsp. nutmeg.
Place the butter in a 13 x 9 pan, and place the pan in the oven until the butter is melted.
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Dip the bread slices into the eggnog and coat on all sides. Arrange the bread slices in the warm 13 x 9 pan. Pour the remaining batter over the slices in the pan. Sprinkle on a small amount of nutmeg and salt.
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Bake in a 400-degree oven for 12-15 minutes, until golden brown. Serve warm.