Question: 10. Consider the following three bond quotes: a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted
10. Consider the following three bond quotes: a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted at 101.45. 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?
Group of answer choices
A. $872.50, $1,024.20, $5,072.50, respectively
B. $872.50, $1,000, $1,000, respectively
C. $1,000, $1,024.20, $1,014.50, respectively
D. $1,000, $1,000, $1,000, respectively
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