Question: please help i'm struggling Even though most corporate bonds in the United States make coupon payments semiannually, borids issued elsewhere often have annual coupon payments.

please help i'm struggling

Even though most corporate bonds in the United States make coupon payments semiannually, borids issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of 1,000,7 years to maturity, and a coupon rate of 7.3 percent paid annually. If the YTM is 9.3 percent, what is the current bond price in euros? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16

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