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Mattie has $24.00 with which to spend on Mountain Dew and Coke. The p.pdf

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Locate the Treasury issue in Flgure 6.3 maturing in May 2040. Assume a par value of 51000. a. What is its coupon rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 3 decimal places, e.9. 32.161.) b. What is its bid price in dollars? (Do not round intermediate calculations and round your answer to 3 decimal places, e.9. 32.161.) c. What was the previous day's asked price in dollars? (Do not round intermediate. calculations and round your answer to 3 decimal places, e.g., 32.161.) U.S. Treasury Quotes Traacurv note and bond data are representative over-the-counter quotations as of 3 p.m. Eastern.

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Mattie has $24.00 with which to spend on Mountain Dew and Coke. The price of a 12-pack of Coke is $3.00, the price of a 12-pack of Mountain Dew is $3.00, and Mattie's initial budget constraint (Budget Constraint 1 ) is illustrated in the figure. Now, suppose Mattie's income increases to $48.00. Use the line drawing tool to graph Mattie's new budget Carefully follow the instructions above, and only draw the required object.

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