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ack to Assignment Attempts: Score: /1 5. Problem 7.03 (Bond Valuation) eBook Problem Walk Through Mesmith Corporation's outstanding bonds have a $1,000 par value, a

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ack to Assignment Attempts: Score: /1 5. Problem 7.03 (Bond Valuation) eBook Problem Walk Through Mesmith Corporation's outstanding bonds have a $1,000 par value, a 7% semiannual coupon, 16 years to maturity, and a 7.5% YTM. What is the bond's price? Round your answer to the nearest cent

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