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Consider the following three bond quotes: a Treasury bond quoted at 104.75, a corporate bond quoted at 97.05, and a municipal bond quoted at 101.45.

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Consider the following three bond quotes: a Treasury bond quoted at 104.75, a corporate bond quoted at 97.05, 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 $5,000, places.)

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