Nesmith Corporation's outstanding bonds have a $1,000 par value, a 7% semiannual coupon, 8 years to maturity, and an 11%
Posted: Wed Apr 06, 2022 9:13 am
Nesmith Corporation's outstanding bonds have a $1,000 par value,
a 7% semiannual coupon, 8 years to maturity, and an 11% YTM. What
is the bond's price? Round your answer to the nearest cent.
$
a 7% semiannual coupon, 8 years to maturity, and an 11% YTM. What
is the bond's price? Round your answer to the nearest cent.
$