The following bond list is from the business section of a newspaper on January 1, 2016. Notice 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, given 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, Prices are stated relative to a par value of $100 Fill in the nominal YTM for Pickman Inc.'s bonds. (Note: Do not round intermediate calculations.) Coupon Company Schubert Inc. Last Price $82.25 EST Spread UST (Years) Last Yield 11.11% 11.6596 8:13% 9.6396 6.20 10 30 EST Volume (1000) 72,070 65,275 59,277 Chapman Inc. $83.20 Maturity 01-01-2026 01-01-2046 01-01-2021 01-01-2021 01-01-2026 7.15 Rust Inc. 1. 4.50% 5.3895 Murphy & Co. $95.18 $101.02 $93.86 5.14% 0.89 5 57,465 56,305 Pickman Inc 7.759 3.77 10 rate would the bonds have to pay to be issued at par? 8.6896 11 Chapman Inc. wants to issue new 30-year bonds today, wil 8.9296 10.15% 8.56% O 11.65% 8.80% 12.58% 12.05% Which bond is trading at a premium? Murphy & Co. Schubert Inc Chapman Inc Rust inc