Beam Inc. bonds are trading today for a price of $1,745.15. The bond currently has 19...

Beam Inc. bonds are trading today for a price of $1,745.15. The bond currently has 19 years until maturity and has a yield to maturity of 4.22%. The bond pays annual coupons and the next coupon is due in one year. What is the coupon rate of the bond?

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jeff jeffy answered 2 years ago

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