Question: Click here to read the eBook: Bond Valuation Problem Walk Through BOND VALUATION Nesmith Corporation's outstanding bonds have a $1,000 par value, a 12% semiannual

Click here to read the eBook: Bond Valuation Problem Walk Through BOND VALUATION Nesmith Corporation's outstanding bonds have a $1,000 par value, a 12% semiannual coupon, 14 years to maturity, and an 9.5% YTM. What is the bond's price? Round your answer to the nearest cent

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