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There is a 5.8 percent coupon bond with eleven years to maturity and a current price of $1,059.80. What is the dollar value of an
| There is a 5.8 percent coupon bond with eleven years to maturity and a current price of $1,059.80. What is the dollar value of an 01 for the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.) |
| Dollar value | $ |
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