Question: ter 6 problems Saved Help Save & Exit Submit Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere
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Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of years to maturity, and a coupon rate of percent paid annually. If the YTM is percent, what is the current bond price in euros?
Note: Do not round intermediate calculations and round your answer to decimal places, eg
tableCurrent bond price,
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