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Please answer asap. 1. Nesmith Corporation's outstanding bonds have a $1,000 par value, a 11% semiannual coupon, 12 years to maturity, and a 8.5% YTM.

Please answer asap.

1. Nesmith Corporation's outstanding bonds have a $1,000 par value, a 11% semiannual coupon, 12 years to maturity, and a 8.5% YTM. What is the bond's price? Round your answer to the nearest cent.

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