Nesmith corporations outstanding bonds have a 1000 par
Bond valuation
Nesmith Corporation's outstanding bonds have a $1,000 par value, a 6% semiannual coupon, 15 years to maturity, and an 10% YTM. What is the bond's price? Round your answer to the nearest cent.
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bond valuationnesmith corporations outstanding bonds have a 1000 par value a 6 semiannual coupon 15 years to maturity
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