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If a $ 7 0 0 one - year bond pays $ 3 0 in annual interest, the interest rate on this bond is (

If a $700 one-year bond pays $30 in annual interest, the interest rate on this bond is (do
NOT use decimal)?
If the interest rate changes to 16%, the bond price will be?
If the interest rate changes to 14.5%, bond price will be?
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