Consider the following three bond quotes: a Treasury note quoted at 95.91, a corporate bond quoted at 102.75, and a municipal bondquoted at 101.40. 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 decimalplaces.)Treasury noteCorporate bondMunicipal bond

Given, Treasury note quote = 95.91 Corporate bond quote = 102.75 Municipal bond quote = 101.40…

Answered: Consider the following three bond…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Consider the following three bond quotes: a Treasury note quoted at 98.84, a corporate bond quoted at 103.10, and a municipal bond quoted at 101.75. 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?
please answer within the format by providing formula the detailed workingPlease provide answer in text (Without image)Please provide answer in text (Without image)Please provide answer in text (Without image)
Bonds with a face value of $530000 and a quoted price of 96.25 have a selling price of $508933. O $511450. $508813. O $510125.
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