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3) Consider the following three bond quotes; a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted
3) Consider the following three bond quotes; a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted at 101.45. 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? A) $872.50, $1,000, $1,000, respectively B) $1,000, $1,000, $1,000, respectively C) $872.50, $1,024.20, $5,072.50, respectively D) $1,000, $1,024.20, $1,001.45, respectively
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