What is the expected equilibrium price and quantity of bons

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The demand curve and supply curve for a one-year discount bonds with a face value of 1,040 are represented by the following equations

bd price = -0.8Quantity + 1,160

bs price = Quantity + 720

What is the expected equilibrium price and quantity of bons in this market?

What is the market interest rate?

Reference no: EM131166976

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