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need help asap! Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose
need help asap! 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 77 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. Answer is complete but not entirely correct
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