Problem 10-25 There is a 7.2 percent coupon bond with five years to maturity and...
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Problem 10-25 There is a 7.2 percent coupon bond with five years to maturity and a current price of $1,027.60. What is the dollar value of an 01 for the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.) Dollar value
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