Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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There is a bond with a coupon of 5.8 percent, eleven years to maturity, and a current price of $1,059.80. What is the dollar value of an 01 for the bond?
Dollar value of an 01
( WELL EXPLAIN ALL POINT OF QUESTION WITH PERFECT ANSWER AND TYPE THE ANSWER)
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