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Calculate the price value of a basis point( PVBP=absolute value of the change in the price of a bond for a 1 basis point change
Calculate the price value of a basis point( PVBP=absolute value of the change in the price of a bond for a 1 basis point change in yield) for a 4% coupon ( annual payment) 5-year bond with an initial price of 100.00 round to 4 decimals
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