Beam inc bonds are trading today for a price of 130993


Beam Inc. bonds are trading today for a price of $1,309.93 The bond currently has 20 years until maturity and has a yield to maturity of 2.51% The bond pays annual coupons and the next coupon is due in one year. What is the coupon rate of the bond?

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Finance Basics: Beam inc bonds are trading today for a price of 130993
Reference No:- TGS0609893

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