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There is a bond with a coupon of 5.0 percent, seven years to maturity, and a current price of $1,050.60. What is the dollar

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There is a bond with a coupon of 5.0 percent, seven years to maturity, and a current price of $1,050.60. What is the dollar value of an 01 for the bond? Note: Do not round intermediate calculations. Round your answer to 4 decimal places. Dollar value of an 01

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