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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

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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 61,000,10 years to maturity, and a coupon rate of 7.7 percent paid annually. If the YTM is 9.7 percent, what is the current bond price in euros? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9. 32.16. An investment offers a total return of 11 percent over the coming year. Janice Yellen thinks the total real return on this investment will be only 8.4 percent. What does Janice believe the inflation rate will be over the next year? Note: Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16

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