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PSU FIN 406 FALL 2020 Homework: Homework 4 Score: 0 of 1 pt 11 of 18 (18 complete) X End-of-Chapter Exercise 24 The demand curve
PSU FIN 406 FALL 2020 Homework: Homework 4 Score: 0 of 1 pt 11 of 18 (18 complete) X End-of-Chapter Exercise 24 The demand curve and supply curve for one-year discount bonds with a face value of $1,050 are represented by the following equations: B Price = -0.8Quantity + 1.140 Price - Quantity +680 The expected equilibrium quantity of bonds is 256. (Round your response to the nearest whole number.) The expected equilibrium price of bonds is $(Round your response to the nearest whole number.) Enter your answer in the answer box and then click Check
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