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The demand curve and supply curve for one-year discount bonds with a face value of $1,030 are represented by the following equations: B Price =

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The demand curve and supply curve for one-year discount bonds with a face value of $1,030 are represented by the following equations: B Price = -0.6Quantity + 1,100 B: Price = Quantity + 700 The expected equilibrium quantity of bonds is . (Round your response to the nearest whole number.) The expected equilibrium price of bonds is $(Round your response to the nearest whole number) The expected interest rate in this market is %. (Round your response to two decimal places.) is

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