Question: Consider the following three bond quotes: a Treasury note quoted at 9 9 . 8 1 , a corporate bond quoted at 1 0 3

Consider the following three bond quotes: a Treasury note quoted at 99.81, a corporate bond quoted at 103.15, and a municipal bond quoted at 101.80. 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 are the prices of these three bonds in dollars?

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