Question: 3. Problem 7.03 (Bond Valuation) ter Problem Walk Through Nesmith Corporation's sung bonds have a $1.000 par walan semiannual coupon, 20 years to maturity, and

3. Problem 7.03 (Bond Valuation) ter Problem Walk Through Nesmith Corporation's sung bonds have a $1.000 par walan semiannual coupon, 20 years to maturity, and an 11 YTH. What is the band's price? Round your answer to the nearestent 5

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