1 can (14 oz.) sweetened condensed milk
1 c. water
1/2 c. fresh lemon juice
2 tsp. grated lemon rind
1/2 c. Bisquick
3 eggs
1/4 c. butter, softened
1 tsp. vanilla
1 c. flaked coconut

Combine all ingredients, except coconut, in a blender. Blend on low speed for 3 minutes. Pour immediately, into a greased 10 inch pie pan. Let stand for 5 minutes. Then sprinkle coconut over the top. Bake at 350 degrees for about 35 to 40 minutes.