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A company has purchased three corporate bonds as temporary investments. They have assembled the following matrix of bond price data for actively traded bonds which

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A company has purchased three corporate bonds as temporary investments. They have assembled the following matrix of bond price data for actively traded bonds which can be used to indirectly estimate the selling price of each of their bonds. Bond Prices (% of par) Bond Ratings Tems (in years) 102.7 100 29 MS 1.9 For the three bonds they purchased, the company has determined the time to maturity and has also looked up the bond ratings These data for the bonds are as follows: Bond Term Rating ond3 Band S Estimate the fair value of each of the three bonds. Note: the par value of each of the bonds is $1,000, and the numbers given in the matrix of bon of par value. d prices are expressed in terms of a percentage

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