Use the following to answer questions :
Figure: The Market for Laptop Sleeves 
-(Figure: The Market for Laptop Sleeves) Look at the figure The Market for Laptop Sleeves. Assume that S and D are the domestic supply and demand curves and the world price is PW. Identify the area of deadweight loss when a tariff raises the domestic price from the world price to PT.
Definitions:
Coupon
The interest rate disbursed annually on a bond, indicated as a percent of its face value.
Bond Price
Bond price is the present value of a bond's future interest payments and its redemption value at maturity, which fluctuates with interest rates and the bond's credit rating.
Tax Exempt Equivalent Yield
A calculation that determines the return needed on a taxable bond to make it equivalent to the yield on a tax-exempt bond, factoring in the investor's tax rate.
Marginal Tax Rate
The amount of tax paid on an additional dollar of income.
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