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eBook . Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 15 years to maturity, and a 12% YTM.

eBook . Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 15 years to maturity, and a 12% YTM. What is the bond's price? Round your

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