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The folowing bond list is from the business section of a newspaper on January 1,2016 . Notice that each bond shown matures on January 1

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The folowing 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 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, given as a percentage. UST indicates which US Treasury secunty matunty is the relevant benchmark for each bond. EST Volume shows the number of bonds traded durng the day. Prices are stated relative to a par value of $100. Fil in the nominal YTM for Pickman Incis bonds. (Note: Do not round your intermediate calculations.) If Chapman Inci wa 12.58% 12.05% 11.65% 1. rate would the bonds have to pay to be issued at pan? 10.15% 10.15% Which bond is trading at a premium? Rust Inc. Pickman Inc. Schubert Inc. Murphy \& Co

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