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Nesmith Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 14 years maturity, and an 11% YTM. What is the bond's price?
Nesmith Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 14 years maturity, and an 11% YTM. What is the bond's price?
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
11th edition
324422870, 324422873, 978-0324302691
