What is the coupon rate of the bond

Reference no: EM13271179

Beam Inc. bonds are trading today for a price of $1,309.93 The bond currently has 20 years until maturity and has a yield to maturity of 2.51% The bond pays annual coupons and the next coupon is due in one year. What is the coupon rate of the bond?

Reference no: EM13271179

Questions Cloud

Find the rate of heat transfer to the air conditioner : The air conditioner in a house or a car has a cooler that brings atmospheric air from 30 degree c to 10 degree c both states at 101 kPa. if the flow rate is 0.5 kg/s find the rate of heat transfer.

Explain the newman projection of chair-cyclohexane : Show the Newman projection of chair-cyclohexane. From this structure, why is this the lowest energy-conformation

What costs are associated with inventory : What costs are associated with inventory? Why is controlling turnover in the inventory important? How can improvements in inventory management affect profitability?

How many photons would be produced : A 0.435 kg mass falls from a height of 3.95 m. how many photons would be produced

What is the coupon rate of the bond : Beam Inc. bonds are trading today for a price of $1,309.93 The bond currently has 20 years until maturity and has a yield to maturity of 2.51% The bond pays annual coupons and the next coupon is due in one year. What is the coupon rate of the b..

How can cash discounts improve collections : How can cash discounts improve collections? What are ramifications if an organization has too much cash on hand?

Explain white crystalline substance from kitchen : You have a sample of a white crystalline substance from your kitchen. You know that it is either salt or sugar. Although you could decide by taste, suggest another property that you could use to decide.

How to copy 3rd variable from 10-byte array into accumulator : Write the 9S12DP256 assembly language instructions below a programmer could use to copy the 3rd variable from a 10-byte array into Accumulator B.

What initial salary would ben need to receive : Suppose, instead of being able to pay cash for his MBA, Ben must borrow the money. The current borrowing rate is 5.4 percent. How would this affect his decision?

User Account

All Pages