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Consider the following three bond quotes: a Treasury note quoted at 97.844, a corporate bond quoted at 103.25, and a municipal bond quoted at 101.90.

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Consider the following three bond quotes: a Treasury note quoted at 97.844, a corporate bond quoted at 103.25, and a municipal bond quoted at 101.90. 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. Round your final answers to 2 decimal places.) Answer is complete but not entirely correct. $ Treasury note Corporate bond Municipal bond 972.70 1,032.50 $ $ 5,095.00

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