What is the bonds price
Problem
Nesmith Corporation's outstanding bonds have a $1,000 par value, an 8% semiannual coupon, 6 years to maturity, and a 10% YTM. What is the bond's price?
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If Larry makes annual year payments of $6500.39 on 12 year loan with an annual interest of 6.3 percent. What is the original principal amount for Larry's loan?
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What should be accomplished, and how it can be done. Include links at the end of your paper to all websites where you found your information.
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