About the bond quotes

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Bond Quotes Consider the following three bond quotes; a Treasury note quoted at 104:30, and a corporate bond quoted at 97.55, and a municipal bond quoted at 104.35. 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? (Round your answers to 2 decimal places.)

$1,004.70, $975.50, $5,021.75 respectively

$1,049.38, $975.50, $5,217.50, respectively

$1,004.70, $1,000, $1,000, respectively

$1,000, $1,000, $5,000, respectively

Reference no: EM131448383

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