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The demand curve and supply curve for one-year discount bonds with a face value of $1,000 are represented by the following equations: Bd: Price =

The demand curve and supply curve for one-year discount bonds with a face value of $1,000 are represented by the following equations: Bd: Price = -0.06 Quantity + 1140 Bs Price = Quantity + 700 What is the expected equilibrium price and the quantity of bonds in this market

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