Finding the coupon rate of the bond

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Question: 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.)

Reference no: EM131943393

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