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A three-year zero coupon cash flow paying $11,910.16, and a three-year annuity paying $3,741.10 both have a PV of $10,000.00 at a yield of 6.00%.

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A three-year zero coupon cash flow paying $11,910.16, and a three-year annuity paying $3,741.10 both have a PV of $10,000.00 at a yield of 6.00%. Given a 19bps decrease in yield, by how much will the PV of the zero coupon exceed that of the annuity? Round the final answer to two decimal places, do not round intermediate calculations. Answer: $

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