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There is a bond with a coupon of 8.4 percent, eleven years to maturity, and a current price of $1,041.40. What is the dollar value

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There is a bond with a coupon of 8.4 percent, 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 4 decimal places.) X Answer is complete but not entirely correct. Dollar value of an 01 $ 7.7332

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