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What is the DV01 of a 1-year 4% quarterly coupon bond with a $1,000 face value and yield to maturity of 5%? Round to three
What is the DV01 of a 1-year 4% quarterly coupon bond with a $1,000 face value and yield to maturity of 5%? Round to three decimal places. Try not to round until final answer [Hint: First compute the MacD, then ModD, and then DV01. Note that m=4].
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