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


Beam Inc. bonds are trading today for a price of $846.91. The bond currently has 15 years until maturity and has a yield to maturity of 9.45 %. 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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Financial Management: The bond pays annual coupons and the next coupon is due in
Reference No:- TGS02673968

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