on URENNNT U 000 Saved Problem Set - Chapter 7 0 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, 15 years to maturity, and a coupon rate of 7.7 percent paid annually. points If the yield to maturity is 8.8 percent, what is the current price of the bond? (Do not round Intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) eBook Price Print References Problem Set - Chapter 7 0 A Japanese company has a bond outstanding that sells for 88 percent of its M100,000 par value. The bond has a coupon rate of 5.5 percent paid annually and matures in 17 years What is the yield to maturity of this bond (Do not round Intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e... 32.16.) Y to matury References