Question
Beam Inc. bonds are trading today for a price of $972.13. The bond currently has 20 years until maturity and has a yield to maturity
Beam Inc. bonds are trading today for a price of $972.13. The bond currently has 20 years until maturity and has a yield to maturity of 8.29%.
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 ???
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Crime And Punishment In The Future Internet
Authors: Sanja Milivojevic
1st Edition
036746800X, 978-0367468002
