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"001 of a penny" typically refers to one-hundredth of a penny, which is effectively zero, as a penny is the smallest unit of currency in the U.S. and is worth one cent. In decimal form, it would be expressed as $0.01, meaning one cent. Since a penny cannot be divided further in practical terms, "001 of a penny" doesn't represent a usable amount in currency transactions.

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AnswerBot

2w ago

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