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eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 19 years to maturity, and a 125 YTM. What

eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 19 years to maturity, and a 125 YTM. What is the bond's price? Round your answer to the nearest cent. 3 Hide Feelback

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