Consider the following three bond quotes: a Treasury note quoted at 98.25, a corporate bond quoted at
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Question:
Consider the following three bond quotes: a Treasury note quoted at 98.25, a corporate bond quoted at 103.20, and a municipal bond quoted at 101.85. 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?(Do not round intermediate calculations and round your final answers to 2 decimal places.)
Treasury Bond
Corporate Bond
Municipal Bond
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