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Nesmith Corporations outstanding bonds have a $1,000 par value, a 8% semiannual coupon, 9 years to maturity, and a 9% YTM. What is the bonds

Nesmith Corporations outstanding bonds have a $1,000 par value, a 8% semiannual coupon, 9 years to maturity, and a 9% YTM. What is the bonds price? image text in transcribed
Nesmith Corporation's outstanding bonds have a $1,000 par value, a 8% semiannual coupon, 9 years to maturity, and a 9% YTM. What is the bond's price? Round your answer to the nearest cent. $

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