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Consider the following three bond quotes; a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted at 101.45. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bor a par value of $5,000, what is the price of these three bonds in dollars? Multiple Cholce $872.50, $1,024.20, $5,072.50, respectively $872 50, $1,000, $1,000, respectively $1,000, $1,024.20, $1,001.45, respectively $1,000, $1,000, $1,000, respectively

Consider the following three bond quotes; a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, and a municipal bond quoted at 101.45. If the Treasury and corporate bonds have a par value of $1,000 and the municipal bor a par value of $5,000, what is the price of these three bonds in dollars? Multiple Cholce $872.50, $1,024.20, $5,072.50, respectively $872 50, $1,000, $1,000, respectively $1,000, $1,024.20, $1,001.45, respectively $1,000, $1,000, $1,000, respectively

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Consider the following three bond quotes; a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, 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 h a par value of $5,000, what is the price of these three bonds in dollars? Multiple Cholce $872.50, $1,024.20, $5,072.50, respectively $872.50, $1,000, $1,000, respectively $1,000, $1,024.20, $1,001.45, respectively $1.000, $1.000, $1,000, respectively
Transcribed Image Text:Consider the following three bond quotes; a Treasury note quoted at 87.25, and a corporate bond quoted at 102.42, 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 h a par value of $5,000, what is the price of these three bonds in dollars? Multiple Cholce $872.50, $1,024.20, $5,072.50, respectively $872.50, $1,000, $1,000, respectively $1,000, $1,024.20, $1,001.45, respectively $1.000, $1.000, $1,000, respectively
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