Question: 3. Problem 7.03 (Bond Valuation) ebook Problem Walkthrough Nesmith Corporation's outstanding bonds have a 51.000 par valut, a 10% semiannual coupon, 7 years to maturity,
3. Problem 7.03 (Bond Valuation) ebook Problem Walkthrough Nesmith Corporation's outstanding bonds have a 51.000 par valut, a 10% semiannual coupon, 7 years to maturity, and a 13% YTM. What is the band's price? Round your answer to the nearest cent
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