What is the price of the three bonds in dollars

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Problem 1: Consider the following three bond quotes: a Treasury note quoted at 96.812, a corporate bond quoted at 102.90, and a municipal bond quoted at 101.55. 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?

Reference no: EM132951600

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