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10. Bond listings and vield spreads The following bond list is from the business section of a financial newspaper on January 1, 2016. Assume that

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10. Bond listings and vield spreads The following bond list is from the business section of a financial newspaper on January 1, 2016. Assume that each bond shown matures on January 1 in 5,10 , or 30 vears, Each bond shown pays a semiannual coupon and the coupon rate is in the column labeled Coupon. The Last Price and Last Yield columns indicate each bond's price and YTM at the end of trading. EST Spread indicates the bond's spread above the relevant US Treasury benchmark, expressed as a percentage, UST indicates which US Treasury security maturity is the relevant benchmark for each bond. EST Volume shows the number of bonds traded during the day. Notice also that prices are stated relative to a par value of $100. Assume all bonds have the same default premlum. Fill in the value of Kumatsu Co.'s bonds. If you were to calculate the yield on a security $87.46 year us Treasury security, the yield will be equal to Which bond is trading at a premium? ABC Inc. $92.86 Kumatsu Co. Waters Co. Wernham fnc. 10. Bond listings and yield spreads The following bond list is from the business section of a financial newspaper on January 1, 2016. Assume that each bond shown matures on January 1 in 5,10 , or 30 years. Each bond shown pars a semiannual coupon and the coupon rate is in the column labeled coupon. The Last Price and Last Yield columns indicate each bond's price and YTM at the end of trading. EST Spread indicates the bond's spread above the relevant US Treasury benchmark, expressed as a percentage. UST indicates which US Treasury security maturity is the relevant benchmark for each bond. EST Volume shows the number of bonds troded during the day. Notice also that prices are stated relative to a par value of $100. Assume all bonds have the same default premium. Fill in the value of Kumatsu Cois bonds. If you were to calculate the yield on a security with a 10 -year us Treasury secirity, the vield wall be equal to Which bond is trading at a premium? ABC inc. Kumatsu Co. Waters Co. Wernham inc

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