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ent: Module 3 Homework Save Submit Assignment for Grading Problem 7.03 (Bond Valuation) Question 10 of 20 Check My Work (3 remaining) eBook Problem Walk-Through

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ent: Module 3 Homework Save Submit Assignment for Grading Problem 7.03 (Bond Valuation) Question 10 of 20 Check My Work (3 remaining) eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, a 10% semiannual coupon, 12 years to maturity, and a 12% YTM. What is the bond's price? Round your answer to the nearest cent

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