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There is a bond with a coupon of 8 . 2 percent, ten years to maturity, and a current price of $ 1 , 0

There is a bond with a coupon of 8.2 percent, ten years to maturity, and a current price of $1,039.10. What is the dollar value of an 01
for the bond?
Note: Do not round intermediate calculations. Round your answer to 4 decimal places.
Answer is complete but not entirely correct.
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