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Consider the following three bond quotes: a Treasury note quoted at 95:27, a corporate bond quoted at 102.85, and a municipal bond quoted at 101.50. 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 answer to 2 decimal places.)

Treasury note $

Corporate bond $

Municipal bond $

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92420110

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