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Nesmith Corporation's outstanding bonds have a $1,000 par value, a 10%. semiannual coupon, 10 years to maturity, and a 13%. YTM. What is the bond's

Nesmith Corporation's outstanding bonds have a $1,000 par value, a 10%. semiannual coupon, 10 years to maturity, and a 13%. YTM. What is the bond's price? Pound your answer to the nearest cent. 5

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