1. Beam Inc. bonds are trading today for a price of $969.82. The bond currently has 19 years until maturity and has a yield to maturity of 7.81%. The bond pays annual coupons and the next coupon is due in one year. What is the coupon rate of the bond?
2. What is a yield curve normal
3. Explain the American financial meltdown in 2008. What were the key economic and financial indicators that led to the financial meltdown? Identify 3-4 economic indicators with detailed analysis about their trend, growth, and finally the collapse.