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, 13 years to maturity, and a coupon rate of 8 percent paid annuallly. If the yield to maturity is 11 percent, what is the current price of the bond? Multiple Choice 797.50 1,030.00 1,241.11 $757.63 837.38