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You received no credit for this question in the previous attemp Even though most corporate bonds in the United States make coupon payments semiannually, bonds

You received no credit for this question in the previous attemp
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 7.7 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.g.,32.16.
Current bond price
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