There is a 68 percent coupon bond with eight years to, Financial Management

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There is a 68 percent coupon bond with eight years to

There is a 6.8 percent coupon bond with eight years to maturity and a current price of $1,071.30. What is the dollar value of an 01 for the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.)

Dollar Value $

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Financial Management: There is a 68 percent coupon bond with eight years to

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