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26) Bond Quotes Consider the following three bond quotes; a Treasury note quoted at 102:24, and a corporate bond quoted at 99.15, and a municipal
26) Bond Quotes Consider the following three bond quotes; a Treasury note quoted at 102:24, and a corporate bond quoted at 99.15, and a municipal bond quoted at 102.75. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $5,000, what is the price of these three bonds in dollars? (Round your answers to 2 decimal places.) A) $1,002.60,$991.50,$5,013.75 respectively B) $1,000,$1,000,$5,000, respectively C) $1,002.60,$1,000,$1,000, respectively D) $1,027.50,$991.50,$5,137.50, respectively
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