Business, 11.03.2020 04:35 simonthang8

Nesmith Corporation's outstanding bonds have a $1,000 par value, a 12% semiannual coupon, 12 years to maturity, and an 8% YTM. What is the bond's price? Round your answer to the nearest cent.

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Nesmith Corporation's outstanding bonds have a $1,000 par value, a 12% semiannual coupon, 12 years t...

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