The following diagram shows a budget constraint for a particular consumer. 
If the price of X is $12, then what is the price of Y?
Definitions:
Par Value
The nominal or face value of a bond, stock, or other financial instrument, serving as a reference point for its worth.
Current Market Price
The price at which an asset or security can currently be bought or sold in the market.
Effective Annual Yield
The interest rate on an investment, expressed on an annual basis, taking into account the effect of compounding.
Semi-annually
Refers to an event occurring twice a year, or every six months.
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