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The demand curve and supply curve for one-year discount bonds with a face value of $1,050 are represented by the following equations: Ba: BS: Price
The demand curve and supply curve for one-year discount bonds with a face value of $1,050 are represented by the following equations: Ba: BS: Price = -0.6Quantity + 1,120 Price = Quantity + 710 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.)
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