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 pays a semiannual coupon$$the coupon rate is in the column labelled 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 U$.$S$.$ Treasury benchmark, expressed as a percentage. UST indicates which U$.$S$.$ 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 premium.

Fill in the value of Keedsler Co$.$s bonds.

Company

Coupon

Maturity

Last Price

Last Yield

EST Spread

UST $($Years$)$

EST Volume $(1000$s$)$

Vandelay Inc. $8\mathrm{.}25\%01-01-2026$ $$97\mathrm{.}878\mathrm{.}57\%2\mathrm{.}371059,725$

Swing Inc. $5\mathrm{.}80\%01-01-2021$ $$99\mathrm{.}225\mathrm{.}98\%0\mathrm{.}58552,930$

Housing Co$.8\mathrm{.}98\%01-01-2026$ $$104\mathrm{.}078\mathrm{.}37\%2\mathrm{.}171046,932$

Worth Inc. $9\mathrm{.}63\%01-01-2046$ $$88\mathrm{.}1410\mathrm{.}98\%4\mathrm{.}033045,120$

Keedsler Co$.4\mathrm{.}13\%01-01-20216\mathrm{.}26\%0\mathrm{.}86543,960$

If you were to calculate the yield on a security with a $10-$year U$.$S$.$ Treasury security, the yield will be equal to $.$

Which bond is trading at a premium?

Housing Co$.$

Swing Inc.

Keedsler Co$.$

Worth Inc.