Question: Attempts: 0 Keep the Highest: 0/0.5 3. Problem 7.03 (Bond Valuation) eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, a 12%

Attempts: 0 Keep the Highest: 0/0.5 3. Problem 7.03 (Bond Valuation) eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, a 12% semiannual coupon, 9 years to maturity, and a 14% YTM. What is the bond's price? Round your answer to the nearest cent. Grade It Now Save & Continue Continue without saving

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