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I) Explain the impact of the following on the interest rate and bond price. Use diagrams to illustrate your answer. a) Sudden decline in the
I) Explain the impact of the following on the interest rate and bond price. Use diagrams to illustrate your answer. a) Sudden decline in the stock prices during the economic recession b) An increase in government budget deficit due to the economic crisis c) A decrease in land price during the economic crisis d) Increase in expected inflation rate during the economic crisis
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