Beam Inc
Subject:FinancePrice:2.86 Bought15
Beam Inc. bonds are trading today for a price of
?$905.41.
The bond currently has
18
years until maturity and has a yield to maturity of
8.01?%.
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 ?%.
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