ven though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have nnual coupon payments. Suppose a German company issues a bond with a par value of 1,000,7 years to maturity, and a coupon te of 8.8 percent paid annually. If the YTM is 10.8 percent, what is the current bond price in euros? ote: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16