Eight years ago, Burt Brownlee Durchased a government bond that Days 540 percent interest. The face value of the bond was so (a) What is the dollar amount of an interest that Bunt received from his bond investment each year? (Do not round Intermediate calculations. Round your answer to 2 decimal places.) est A b) Assume that comparablo bonds are now paying 565 percent What is the approximate doar price for which Burt could sells bond? (Do not round Intermediate calculations. Round your answer to 2 decimal places) Arealebo 10-1) Did the bond increase or decrease? Deciowe in Onceted in (6-25 Why did me bond increase or decrease involve? Because market rates creed Because market rates decreased e here to search a HO O 3 **