Consider an economy with one bank and one firm (called Firm A) which employs all individuals in the economy. This bank has the following T-Account:

Assets Reserves: $60B Mortgage-Backed Securities: $500B Corporate Bonds (Firm A): $200B

Liabilities Deposits: $600B Repos: $100B Bank Capital: $60B

Interest rate on bonds	Quantity produced	Labor employed
0.05	110B	11M
0.045	120B	13M
0.04	150B	20M
0.035	200B	30M
0.03	250B	45M
0.025	400B	75M
0.02	600B	100M
0.015	650B	110M
0.01	700B	125M

The bank must liquidate its portfolio in order to repay its depositors and lenders. With the quantity of bonds you found in the previous part, what is the new equilibrium price and quantity in the market for bonds (note that equilibrium quantity will increase by the amount the bank must sell)? What is the new interest rate? What is the value of the banks corporate bonds at this price?