Three years ago, jkl co. issued bonds with a 18-year maturity then and at a coupon rate of 6.1 percent. the bonds make semiannual payments. if the ytm on these bonds is 7.5 percent, what is the current bond price? (do not include the dollar sign ($). enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. round your answer to 2 decimal places (e. g., 32.

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.