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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: Bd:Bs.:Price=0.6Quantity+1,140Price=Quantity+700 The expected
The demand curve and supply curve for one-year discount bonds with a face value of $1,050 are represented by the following equations: Bd:Bs.:Price=0.6Quantity+1,140Price=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.)
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