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

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

Beam Inc. bonds are trading today for a price of ?$749.85 The bond currently has 20 years until maturity and has a yield to maturity of 6.22?%. 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 __?%.(Round to one decimal? place.)

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

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

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