Question: Can you write down every step , thank you You can also ignore the (4points) and (3points) parts 20. A bond yield varies inversely with

Can you write down every step , thank you You can also ignore the (4points) and (3points) parts

Can you write down every step , thank you You can also

20. A bond yield varies inversely with the bond price. When a bond yield was 0.045, the bond price was $99.30. a. Find the equation that relates the bond yield with the bond price. Do not round the numbers. (4 points) b. Find the bond price, rounded to the nearest cent, if the bond yield is 0.038. (3 points)

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