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Bond Quotes Consider the following three bond quotes; a Treasury note quoted at 102:18, and a corporate bond quoted at 98.85, and a municipal bond
Bond Quotes Consider the following three bond quotes; a Treasury note quoted at 102:18, and a corporate bond quoted at 98.85, and a municipal bond quoted at 103.05. 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.) rev: 03_05_2012
$1,002.90, $1,000, $1,000, respectively
$1,000, $1,000, $5,000, respectively
$1,025.63, $988.50, $5,152.50, respectively
$1,002.90, $988.50, $5,015.25 respectively
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