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Chapter 06 - Valuing Bonds 44. Bond Quotes Consider the following three bond quotes; a Treasury note quoted at 87:25, and a corporate bond quoted
Chapter 06 - Valuing Bonds 44. Bond Quotes 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, $1000, $1000, respectively B. $1000, $1000, $1000, respectively C. $877.81, $1024.20, $5072.50, respectively D. $1000, $1024.20, $1001.45, respectively
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