Determine the accrued interest

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Problem 1: Given the modified duration of a bond instrument as 1.16 and expected change in yield as -0.6, determine the expected percentage change in price of the bond.

Problem 2: Determine the accrued interest of a 1.84 percent p.a. coupon bearing bond instrument with 1 days since the last coupon payment date. The coupon payments are made every month (assume 30 days).

Reference no: EM132977096

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