Each day Paul, who is in third grade, eats lunch at school. He likes only Twinkies (t) and soda (5), and these provide him autility ofutility = U(t, s) = Jr}.a. If Twinkies cost $0.10 each and soda costs $0.25 per cup. how should Paul spend the 51 his mother gives him tomaximize his utilitY?b. Ifthe school tries to discourage Twinkie consumption by increasing the price to $0.40. by how much will Paul‘s motherhave to increase his lunch allowance to provide him with the same level of utility he received in part (a)?

In addition to using the icons to adjust page margins, a user can also use

Bonds often pay a coupon twice a year. for the valuation of bonds that make semiannual payments, the number of periods doubles, whereas the amount of cash flow decreases by half. using the values of cash flows and number of periods, the valuation model is adjusted accordingly. assume that a $1,000,000 par value, semiannual coupon us treasury note with three years to maturity has a coupon rate of 3%. the yield to maturity (ytm) of the bond is 7.70%. using this information and ignoring the other costs involved, calculate the value of the treasury note:

Upon completion of the northwest-corner rule, which source-destination cell is guaranteed to be occupied? a. top-leftb. the cell with the lowest shipping costc. bottom-leftd. top-righte. bottom-right