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Question 9 10 pts Nesmith Corporation's outstanding bonds have a $1,000 par value, an 10.57% quarterly coupon, 25 years to maturity and an 11.84% YTM.

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Question 9 10 pts Nesmith Corporation's outstanding bonds have a $1,000 par value, an 10.57% quarterly coupon, 25 years to maturity and an 11.84% YTM. What is the bond's price? 1

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