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Nesmith Corporation's outstanding bonds have a $1,000 par value, a 12% semiannual coupon, 19 years to maturity, and a 16% YTM. What is the bond's
Nesmith Corporation's outstanding bonds have a $1,000 par value, a 12% semiannual coupon, 19 years to maturity, and a 16% YTM. What is the bond's price? Round your answer to the nearest cent.
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Managing Currency Options In Financial Institutions
Authors: Yat-Fai Lam, Kin-Keung Lai
1st Edition
1138778052, 978-1138778054
