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Nesmith Corporation's outstanding bonds have a $ 1 , 0 0 0 par value, a 6 % semiannual coupon, 1 1 years to maturity, and
Nesmith Corporation's outstanding bonds have a $ par value, a semiannual coupon, years to maturity, and a YTM What is the
bond's price? Round your answer to the nearest cent.
$
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Numerical Techniques In Finance
Authors: Simon Benninga
1st Edition
0262022869, 978-0262022866
