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Posted on Aug 02, 2024

Nesmith corporations outstanding bonds have a $ 1 0 0 0 par value, A 1 2 % semi annual coupon, 2 0 years to maturity,

Nesmith corporations outstanding bonds have a $

1000

par value, A

12 %

semi annual coupon,

20

years to maturity, and a

14 %

YTM

.

What is the bonds price?

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