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11. The face value of a bond with an annual coupon is 10000 rub. Its yield to maturity (YTM) is 10.00%. The ci market price

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11. The face value of a bond with an annual coupon is 10000 rub. Its yield to maturity (YTM) is 10.00%. The ci market price of the bond is 99.00%. The Macaulay duration is 2.75. 1) What is the modified duration (2 decimal places)? 2) How (in rubles, kopecks) will the current price of a bond change with an increase in yield to ma by +3% (using formulas for modified duration)

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