3.1 On 24 March 2017, Beth invested $100,000 buying this bond at par value of $100. However, the RBA lowered the cash rate target significantly during COVID-19.4 As a result, on 25 September 2020, the prevailing market-wide discount rate was only 1%. Please calculate the bond's market price on that day using Table 3.1. Beth was puzzled by the fact that the price of her bond was no longer $100. Please explain to her in general the relationship between bond prices and market-wide interest rates. Table 3.1 Market price of the NAB's "Gender Equality" bond Market price on 25 September 2020