Refer to the information in the following table:
Using the numerical examples in the table, show that the relative price of cellphones can fall on occasions where the price of those goods could be rising, falling, or remaining unchanged.
Definitions:
6 ¾% Bond
A bond that pays an annual interest rate of 6.75% to its holder, typically issued by governments or corporations.
Yield To Maturity
Yield to maturity is the total return anticipated on a bond if the bond is held until it matures, considering all interest payments and the principal repayment.
8% Bond
A bond that pays an annual interest rate of 8% to its holders.
Current Yield
The annual return of a bond, expressed as a percentage of its current market price.
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