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bluerose501 bluerose501
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A year ago
Yesterday, a banker paid $0.61 for a bond that pays out $5,000 in one year (with no risk). Today, the price of the bond increased to $3,850. Since yesterday, the interest rate ________ (increased/decreased) from ________ to ________.
Please round your final answer to two decimal places.

▸ increased, 23.00%, 39.00%

▸ decreased, 63.93%, 29.87%

▸ increased, 29.87%, 63.93%

▸ decreased, 39.00%, 23.00%
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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kidacekidace
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A year ago
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bluerose501 Author
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A year ago
Thank you, thank you, thank you!
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Just got PERFECT on my quiz
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2 hours ago
This helped my grade so much Perfect
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