Concepts'n'Clarity - Bond A is now trading at 97.384 with 8 years to maturity and a YTM of 5.38% and duration of 6.45, its price value of a basis point (PVBP) or
![SOLVED: 12. What does the dollar value of an 01 refer to O A. The change in a bond's yield caused by a one basis point change in its price O B. SOLVED: 12. What does the dollar value of an 01 refer to O A. The change in a bond's yield caused by a one basis point change in its price O B.](https://cdn.numerade.com/ask_images/142978efdc7e44b2b62fa2d484a274ae.jpg)
SOLVED: 12. What does the dollar value of an 01 refer to O A. The change in a bond's yield caused by a one basis point change in its price O B.
![calculate and interpret the money duration of a bond and price value of a basis point (PVBP); - YouTube calculate and interpret the money duration of a bond and price value of a basis point (PVBP); - YouTube](https://i.ytimg.com/vi/jIQTSyH5jBM/hqdefault.jpg)