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Problem 10-25 Dollar Value of an 01 (LO4, CFA2) There is a bond with a coupon of 5.6 percent, ten years to maturity, and a

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Problem 10-25 Dollar Value of an 01 (LO4, CFA2) There is a bond with a coupon of 5.6 percent, ten years to maturity, and a current price of $1,057.50. What is the dollar value of an 01 for the bond? (Do not round intermediate calculations. Round your answer to 4 decimal places.) Dollar value of an 01

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