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There is a bond with a coupon of 5.8 percent, eleven years to maturity, and a current price of $1,059.80. What is the dollar value

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There is a bond with a coupon of 5.8 percent, 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 4 decimal places.) Dollar value of an 01 $ (0.8589)

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