Question: Chapter 7 question 5 Consider the following three bond quotes: a Treasury bond quoted at 105:15, a corporate bond quoted at 96.20, and a municipal

Chapter 7 question 5

Consider the following three bond quotes: a Treasury bond quoted at 105:15, a corporate bond quoted at 96.20, and a municipal bond quoted at 100.60. 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 and round your final answers to 2 decimal places.)


Treasury note	$
Corporate bond	$
Municipal bond	$

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