Question: Question: Consider the following three bond quotes: a Treasury note quoted at 97:28, a corporate bond quoted at 103.05, and a municipal bond quoted at

Question:Consider the following three bond quotes: a Treasury note quoted at 97:28, a corporate bond quoted at 103.05, and a municipal bond quoted at 101.70. 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 finalanswers to 2 decimal places.)

Treasury note$Corporate bond$Municipal bond$

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