What is the price of these three bonds in dollars

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Question - Consider the following three bond quotes: a Treasury note quoted at 96.50, a corporate bond quoted at 103.35, and a municipal bond quoted at 102.00. 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: EM133150002

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