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 $1,000,14$ years to maturity, and a coupon rate of $6$ percent paid annuallly. If the yield to maturity is $9$ percent, what is the current price of the bond?

Multiple Choice

$804\mathrm{.}74$

$1,030\mathrm{.}00$

$$728\mathrm{.}09$

$1,282\mathrm{.}85$

$766\mathrm{.}42$