Today is 31 Dec 2022, and you see a 5 year bond with 5% annual coupon maturing on 31 Dec 2027, quoted at a price of 95.5/95.6. What is the Dollar Value of 1 bps move in interest rates (DV01) for $10 million investment in this bond?

EBK CONTEMPORARY FINANCIAL MANAGEMENT
14th Edition
ISBN:9781337514835
Author:MOYER
Publisher:MOYER
Chapter6: Fixed-income Securities: Characteristics And Valuation
Section: Chapter Questions
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Today is 31 Dec 2022, and you see a 5 year bond with 5% annual coupon maturing on 31 Dec 2027, quoted at a price of 95.5/95.6. What is the Dollar Value of 1 bps move in interest rates (DV01) for $10 million investment in this bond?

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