What is price of these three bonds in dollars

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Reference no: EM131464414

Consider the following three bond quotes: a Treasury bond quoted at 103:21, a corporate bond quoted at 96.90, and a municipal bond quoted at 101.30. 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.)

Reference no: EM131464414

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