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 1,000,27 years to maturity, and a coupon rate of 3.6 percent paid annually. If the YTM is 3.2 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 
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The Ivanhoe Company accumulates the following cost and net realizable value data at December 31....
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