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2. [10 Marks] Assume the Bank of Canada changes the overnight rate 'om 1.75% to 1.50%. a) [3 Marks] Consider the bond market. For this

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2. [10 Marks] Assume the Bank of Canada changes the overnight rate 'om 1.75% to 1.50%. a) [3 Marks] Consider the bond market. For this change in the overnight rate: 0 Appropriately modify the graph, making sure to label the vertical axis. a Very briey explain why you shifted any curves in the way that you did. Q BONDS

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