Eight years ago, Burt Brownlee purchased a government bond that pays 3.0 percent interest. The face value of the bond was $1,000. a. What is the dollar amount of annual interest that Burt received from his bond investment each year? b. Assuming that comparable bonds are now paying 2.40 percent, will Burt's bond increase or decrease in value? c. Why did the bond increase or decrease in value? Complete this question by entering your answers in the tabs below. Assuming that comparable bonds are now paying 2.40 percent, will Burt's bond increase or decrease in value? Eight years ago, Burt Brownlee purchased a government bond that pays 3.0 percent interest. The face value of the bond wa $1,000. a. What is the dollar amount of annual interest that Burt received from his bond investment each year? b. Assuming that comparable bonds are now paying 2.40 percent, will Burt's bond increase or decrease in value? c. Why did the bond increase or decrease in value? Complete this question by entering your answers in the tabs below. What is the dollar amount of annual interest that Burt received from his bond investment each year? Eight years ago, Burt Brownlee purchased a government bond that pays 3.0 percent interest. The face value of the bond $1,000. a. What is the dollar amount of annual interest that Burt received from his bond investment each year? b. Assuming that comparable bonds are now paying 2.40 percent, will Burt's bond increase or decrease in value? c. Why did the bond increase or decrease in value? Complete this question by entering your answers in the tabs below. Why did the bond increase or decrease in value