Question: it is wrong please help There is a bond with a coupon of 5.0 percent, seven years to maturity, and a current price of $1,050.60.

it is wrong please help There is a bond with a coupon it is wrong please help

There is a bond with a coupon of 5.0 percent, seven years to maturity, and a current price of $1,050.60. What is the dollar value of an 01 for the bond? (Do not round intermediate calculations. Round your answer to 4 decimal places.)

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