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Nesmith Corporakion's outstanding bonds have a $1,000 par value, a 7% semiannual coupon, 10 years to maturity, and an 11% YTM. What is the bond's

Nesmith Corporakion's outstanding bonds have a $1,000 par value, a 7% semiannual coupon, 10 years to maturity, and an 11% YTM. What is the bond's price 7 Round your answer to the nearest cent

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