say that a buyer of bonds values good bonds at


Say that a buyer of bonds values good bonds at $500 and values bad bonds at $250. Sellers of both good and bad bonds value them at $350. If the fraction of good sellers and bad sellers is 50%, then the maximum price an uninformed buyer will pay is ____ and this ___ high enough to sustain trade in both types of bonds.

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Finance Basics: say that a buyer of bonds values good bonds at
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