Nesmith Corporations outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 14 years to maturity,
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Nesmith Corporation’s outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 14 years to maturity, and an 11% YTM. What is the bond’s price?
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Saikumar Ramagiri
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Related Book For 
Fundamentals of Financial Management
ISBN: 978-1305635937
Concise 9th Edition
Authors: Eugene F. Brigham
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