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Assignment Score: 20.0 mework 7 Save Submit Assignment for Gradiru Question 3 of 5 oblem...

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Assignment Score: 20.0 mework 7 Save Submit Assignment for Gradiru Question 3 of 5 oblem 7.03 (Bond Valuation) Check My Work eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, a 7% semiannual coupon, 18 years to maturity, and a 9% YTM. What is the bond's price? Round your answer to the nearest cent

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