There is a 82 percent coupon bond with ten years to


There is a 8.2 percent coupon bond with ten years to maturity and a current price of $1,039.10. What is the dollar value of an 01 for the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.)

Dollar Value: $

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Financial Management: There is a 82 percent coupon bond with ten years to
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