What is the coupon rate of the? bond for beam inc

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Problem 1: Beam Inc. bonds are trading today for a price of ?$982.67. The bond currently has 13 years until maturity and has a yield to maturity of 3.67?%. The bond pays annual coupons and the next coupon is due in one year. What is the coupon rate of the? bond?

Reference no: EM132844103

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