What is the dollar value of an one for the bond

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There is a 4.6 percent coupon bond with five years to maturity and a current price of $1,046.00. What is the dollar value of an 01 for the bond? (Do not round intermediate calculations. Round your answer to 3 decimal places. Omit the "$" sign in your response.) Dollar value $

Reference no: EM131059334

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