P7-3 Valuing Bonds [LO2] 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 C1,000,6 years to maturity, and a coupon rate of 6 percent paid annually. If the yield to maturity is 10 percent, what is the current price of the bond? Multiple Choice 1,200.69 $784.50 C1,030.00 1,200.69 $784.50 1,030.00 825.79 867.08