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e.com Ol-94 Admission Nu...-OEM FBAC9072AC. pa- a:. Supplementwareha. 10 pts Question 3 As in the preceeding question, the demand curve and supply curve for bonds

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e.com Ol-94 Admission Nu...-OEM FBAC9072AC. pa- a:. Supplementwareha. 10 pts Question 3 As in the preceeding question, the demand curve and supply curve for bonds are estimated using the following equations: Bd: Price -2/5Quantity+940 Bs: Price Quantity+500 Following a dramatic increase in the value of the stock market, many retirees started moving money out of the stock market and into bonds. This resulted in a parallel shift in the demand for bonds, such that the price of bonds at all quantities increased $50. Assuming no change in the supply equation for bonds, what is the new equilibrium price and quantity? Price to 2 decimals$ Quantity to 2 decimals What is the new market interest rate to 2 decimals? Question 4 10 pts F4 FS F7 F8 F9

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