Question: 2. Problem 7.03 (Bond Valuation) B eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, a 10% semiannual coupon, 17 years

2. Problem 7.03 (Bond Valuation) B eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, a 10% semiannual coupon, 17 years to maturity, and a 12% YTM. What is the bond price? Round your answer to the nearest cent. $ Grade it Now Save & Continue Continue without saving

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