Consider the following three bond quotes: a Treasury bond quoted at 103:21, a corporate bond quoted at 96.10, and a municipal bond quoted at 100.50. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $
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Consider the following three bond quotes: a Treasury bond quoted at 103:21, a corporate bond quoted at 96.10, and a municipal bond quoted at 100.50. 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 | $ [removed] |
| Corporate bond | $ [removed] |
| Municipal bond | $ [removed] |
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The post Consider the following three bond quotes: a Treasury bond quoted at 103:21, a corporate bond quoted at 96.10, and a municipal bond quoted at 100.50. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bond has a par value of $ appeared first on My Nursing Experts.
