Bond Quotes Consider the following three bond quotes: a Treasury note quoted at
ID: 2704827 • Letter: B
Question
Bond Quotes Consider the following three bond quotes: a Treasury note quoted at 102:30, a corporate bond quoted at 99.45, and a municipal bond quoted at 102.45. 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? $1000, $1000, $5000, respectively $1002.30, $994.50, $5012.25 respectively $1029.38, $994.50, $5122.50, respectively $1002.30, $1000, $1000, respectively $1000, $1000, $5000, respectively $1002.30, $994.50, $5012.25 respectively $1029.38, $994.50, $5122.50, respectively $1002.30, $1000, $1000, respectively $1000, $1000, $5000, respectively $1002.30, $994.50, $5012.25 respectively $1029.38, $994.50, $5122.50, respectively $1002.30, $1000, $1000, respectivelyExplanation / Answer
$1029.38, $994.50, $5122.50, respectively