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1.A certain bond has a duration of 6.69 with a yield-to-maturity of 5. The current bond price is $1,083.07. Convexity for this bond is determined

1.A certain bond has a duration of 6.69 with a yield-to-maturity of 5. The current bond price is $1,083.07. Convexity for this bond is determined to be 134.8. What would be the bond's new price if interest rates suddenly increased by 1.67%? State your answer as a dollar amount with two decimal places.

2.A semi-annual payment bond has a(n) 5.4% coupon. It last paid a coupon 53 days ago. If you were to purchase this bond today, then what is the amount of accrued interest that would be added to the flat price to produce the invoice price that you would pay? State your answer with two decimal places.

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