What is the dollar value of an 01 for the


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 $

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What is the dollar value of an 01 for the
Reference No:- TGS02317875

Expected delivery within 24 Hours