Treasury and corporate bonds have a par value of 1000 and


Consider the following three bond quotes: a Treasury bond quoted at 104:24, a corporate bond quoted at 97.05, and a municipal bond quoted at 101.45. 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 $

 

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Finance Basics: Treasury and corporate bonds have a par value of 1000 and
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