Do the following exercise with the help of thedata provided in the tables below. You will use Excel to createyour graphs. In an MS Word file of no more than 1-2 pages write upresponses to the points 2 and 3 below. Table 1: Demand of BondsPoint Price of bond Interest rate (i) Demand A $925 (1000 925)/925 = 8.1% $100 billion B $800 (1000 800)/ 800 = 25% $400 billionTable 2: Supply of Bonds Point Price of bond Interest rate (i)Demand A $925 8.1% $400 billion B $800 25 % $100 billion Draw thedemand and supply schedules for bonds using: X- axis : $Amount Y-axis: Interest rate Calculate the equilibrium interest rate anddollar amount. Interpret this graph using the Loanable fundstheory. Discuss various factors that affect the demand for bondsand supply of bonds.