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Extracted text: $10,000 $9,800 $9,600 $9,400 $9,200 $9,000 $8,800 $8,600 $8,400 $8,200 $8,000 $7,800 $7,600 $7,400 $7,200 $7,000 D $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $million The graph above shows the market for a one-year discount bond with a face value of $10,000. The new government promises to reduce the inflation rate by 7.25 percent. People have strong trust in their government and, so, they expect the inflation rate to decrease by 7.25 percent. According to the Fisher effect, the the price of this bond will (approximately) change to: Choose the number closest to the answer. O $8,200.00 O $8,400.00 O $8,600.00 $9,000.00 O $9,200.00 O $9,400.00 O $9,600.00 Bond Price