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problem 7.03 3. Problem 7.03 (Bond Valuation) eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, a 8% semiannual coupon, 15 years
problem 7.03 
3. Problem 7.03 (Bond Valuation) eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, a 8% semiannual coupon, 15 years to maturity, and a 7.5% YTM. What is the bond's price? Round your answer to the nearest cent. $
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Entrepreneurial Finance Strategy, Valuation, And Deal Structure
Authors: Janet Smith, Richard Smith, Richard Bliss
1st Edition
0804770913, 9780804770910
