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 1,000,10 years to maturity, and a coupon rate of 8 percent paid annually. If the yield to maturity is 10 percent, what is the current price of the bond? Multiple Choice $833.25 1,030.00 877.11 920.96 1,138.20 Gabriele Enterprises has bonds on the market making annual payments, with 8 years to maturity, a par value of $1,000, and selling for $850. At this price, the bonds yield 11 percent. What must the coupon rate be on the bonds? Multiple Choice 9.51% 11.00% 8.19% 8.09% 16.17% Weismann Company issued 6-year bonds a year ago at a coupon rate of 10 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 12 percent, what is the current bond price? Multiple Choice $926.40 $1,445.61 $955.83 $784.24 $936.40