Question: 8. Problem 7.03 (Bond Valuation) als ebook Problem Walk-through Nesmith Corporation's outstanding bonds have a $1,000 par value, on 8% semiannual coupon, 16 years to

8. Problem 7.03 (Bond Valuation) als ebook Problem Walk-through Nesmith Corporation's outstanding bonds have a $1,000 par value, on 8% semiannual coupon, 16 years to maturity, and a 124 YTM. What is the bond's price? Round your answer to the nearest cent. $ N Grade it Now Save & Continue Continue without saving

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