Question
There is a 8.4 percent coupon bond with eleven years to maturity and a current price of $1,041.40. What is the dollar value of an
| There is a 8.4 percent coupon bond with eleven years to maturity and a current price of $1,041.40. What is the dollar value of an 01 for the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.) |
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Elements Of Structured Finance
Authors: Ann Rutledge, Sylvain Raynes
1st Edition
0195179986, 978-0195179989
