The (identical) citizens of Boomtown have $2 million to spend either on park maintenance or private goods. Each unit of park maintenance costs $10,000. (a) Graph Boomtownis budget constraint. (b) Suppose that Boomtown chooses to purchase 100 units of park maintenance. Draw the town's indifference curve for this choice. (c) Now suppose that the state government decides to subsidize Boomtown's purchase of park maintenance by providing the town with l unit of maintenance for every 2 units the town purchases. Draw the new budget constraint. Will Boomtown purchase more or fewer units of park maintenance? Will Boomtown purchase more or fewer units of the private good? Illustrate your answer and explain. 1. What day of the week does the bonds mature on? What Excel function did you use to answer this? 2- List 3 examples of a real-world finance scenario where you may need to incorporate time-related functions? (Other than the ones given in this project.) 3. Why is there not more data easily available on corporate bonds? 4. Explain what YTM means for corporate bonds in a way that a non-finance friend would understand. 5. What does the graph you made in Part 1.2 show? Why would an investor in bonds care about this graph? 6. Give an example of when a fancy graph may be appropriate for someone in the field of finance. (You may not use any examples from this project.) 7. Give an example of when a fancy graph would not be appropriate for someone in the finance field. (You may not use any examples from this project.)