Question: Check My Work (a remaining) eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, a 9% semiannual coupon, 15 years to maturity,

Check My Work (a remaining) eBook Problem Walk-Through Nesmith Corporation's outstanding bonds have a $1,000 par value, a 9% semiannual coupon, 15 years to maturity, and a 13% YTM. What is the bond's price? Round your answer to the nearest cent. o

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