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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
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 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 premium. Fill in the value of The Blue Co.'s bonds. If you were to calculate the yield on a security with a 10 -year US Treasury security, the yield will be equal to Which bond is trading at a premium? Monic Corp. Housing Co. Anky Co. The Blue Co
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