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his Question: 1 pt 12 of 33 (0 complete) This Test: 33 pts possibl i Question Help Beam Inc. bonds are trading today for a

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his Question: 1 pt 12 of 33 (0 complete) This Test: 33 pts possibl i Question Help Beam Inc. bonds are trading today for a price of $1,64728. The bond currenty has 17 years until maturity and has a yield to maturity of 3.06%. 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 [ %. (Round to one decimal place)

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