Consider the following three bond quotes:
a Treasury note quoted at 97.844,
a co...
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Business, 15.04.2020 21:11 aaminohasan142
Consider the following three bond quotes:
a Treasury note quoted at 97.844,
a corporate bond quoted at 103.25,
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.)
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