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 7 percent paid annually. If the yield to maturity is 9 percent, what is the current price of the bond? Multiple Choice 1,178.91 844.28 $802.06 886.49 1,030.00