What is price of these three bonds in dollars

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Reference no: EM131571333

Consider the following three bond quotes: a Treasury note quoted at 96:23, a corporate bond quoted at 103.70, and a municipal bond quoted at 102.35. 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? (Do not round intermediate calculations and round your final answers to 2 decimal places.) Treasury note $ Corporate bond $ Municipal bond $

Reference no: EM131571333

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