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Question 8 0/3 pts Exxon Mobil Corp. has a 3.567% coupon senior debenture outstanding that matures on March 6, 2045. You are a financial manager

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Question 8 0/3 pts Exxon Mobil Corp. has a 3.567% coupon senior debenture outstanding that matures on March 6, 2045. You are a financial manager for a pension fund and are considering buying $10 million in par of this bond. A dealer in Exxon Mobil bonds gives you the following price quotations: bid 2.103 basis points on $5 million to $20 million in par . ask 2.078 basis points on $10 million to $25 million in par Both quotes are as a spread against Treasuries (in this case, against a Treasury bond that also matures on March 2045). What is the additional yield (relative to the safe Treasury bond) that your pension fund will earn on this bond if you buy from this dealer and hold the bond to maturity and assuming Exxon Mobil does not default)? 3.567% 5.670M 2.103% 2078% 5.645%

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