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Problem 7 . 5 Bond Quotes ( LG 7 - 3 ) Consider the following three bond quotes: a Treasury note quoted at 9 7

Problem 7.5 Bond Quotes (LG7-3)
Consider the following three bond quotes: a Treasury note quoted at 97.94, a corporate bond quoted at 102.95, and a municipal bond quoted at 101.60. 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 are the prices of these three bonds in dollars?
Note: Do not round intermediate calculations and round your final answers to 2 decimal places.
\table[[Treasury note],[Corporate bond],[Municipal bond]]
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