Consider the following three bond quotes: a Treasury note quoted at 96.50, a corporate bond quoted at 103.35, and a muni
Posted: Wed Jul 06, 2022 6:43 pm
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? (Do not round intermediate calculations and round your final answers to 2 decimal places.) Treasury note Corporate bond Municipal bond $ S $ 2,522 50 1,033.50 5,100.00