You just started to work as a trader at the ires bank. a customer is requesting a quote for the asking price of a prepayable (callable) bond. the par value is 100. the bank is currently giving 100.226 as the asking price of an otherwise equivalent non-prepayable (non-callable) bond. the bank’s prepayment model gives you 3.215 as the prepayment option premium for the bond. what is the asking price you give to the customer?

Oz makes lion food out of giraffe and gazelle meat. giraffe meat has 18 grams of protein and 36 grams of fat per pound, while gazelle meat has 36 grams of protein and 18 grams of fat per pound. a batch of lion food must contain at least "46,800" grams of protein and 70,200 grams of fat. giraffe meat costs $1/pound and gazelle meat costs $2/pound. how many pounds of each should go into each batch of lion food in order to minimize costs? hint [see example 2.]