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10.00 points Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a

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10.00 points 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 1,000, 20 years to maturity, and a coupon rate of 7.8 percent paid annually If the yield to maturity is 8.9 percent, what is the current price of the bond? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16.) Price Hints References eBook & Resources Hint1 Hint 2 Check my work O Type here to search 3. value: 10.00 points Say you own an asset that had a total return last year of 11.2 percent. If the inflation rate last year was 5.9 percent, what was your real return? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Real return Hints References eBook & Resources Hint #1 Hint #2 Check my work

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