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Nesmith Corporation's outstanding bonds have a $1,000 par value, a 10% semiannual coupon, 18 years to maturity, and a 14% YTM. What is the
Nesmith Corporation's outstanding bonds have a $1,000 par value, a 10% semiannual coupon, 18 years to maturity, and a 14% YTM. What is the bond's price? Round your answer to the nearest cent. $
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Fundamentals of Financial Management
Authors: Eugene F. Brigham
Concise 9th Edition
1305635937, 1305635930, 978-1305635937
