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Consider the following three bond quotes: a Treasury bond quoted at 103.9063, a corporate bond quoted at 96.30, and a municipal bond quoted at 100.70.

Consider the following three bond quotes: a Treasury bond quoted at 103.9063, a corporate bond quoted at 96.30, and a municipal bond quoted at 100.70. 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?

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