consider following three bond quotes treasury bond quoted 10321 corporate bond quoted 9610 a
with solution
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] |