The bond pays annual coupons and the next coupon is due in


Beam Inc. bonds are trading today for a price of $1,849.431 The bond currently has 13 years until maturity and has a yield to maturity of 2.01%. The bond pays annual coupons and the next coupon is due in one year. What is the coupon rate of the bond? The coupon rate of the bond is nothing%. ? (Round to one decimal place.)

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Financial Management: The bond pays annual coupons and the next coupon is due in
Reference No:- TGS02333017

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