Nesmith Corporation's outstanding bonds have a $1,000 par value, a 6% semiannual coupon, 13 years to maturity, and a 10%
Posted: Sat Nov 27, 2021 5:26 pm
Nesmith Corporation's outstanding bonds have a $1,000 par value, a 6% semiannual coupon, 13 years to maturity, and a 10% YTM. What is the bond's price? Round your answer to the nearest cent. $