Mathematics, 02.11.2019 04:31 Mayjay2827
Consider the following three bond quotes: a treasury bond quoted at 106: 30, a corporate bond quoted at 96.25, and a municipal bond quoted at 100.65. 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?
2 decimal places
treasury ?
corporate bond?
municipal bond?
Answers: 2
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