Holding Other Factors Constant, Which One of the Following Bonds

question 54

Multiple Choice

Holding other factors constant, which one of the following bonds has the smallest price volatility?

• A)7-year, 0% coupon bond
• B)7-year, 12% coupon bond
• C)7 year, 14% coupon bond
• D)7-year, 10% coupon bond

---

Definitions:

Minor Calyces

Small cup-shaped structures in the kidney that funnel urine into the major calyces.

Major Calyces

The large branches of the renal pelvis that collect urine from the minor calyx before it flows into the ureters.

Urethra

A tube that conducts urine from the bladder to the outside of the body, also serving as a passage for semen in males.

Renal Papilla

The apex of the renal pyramid in the kidney which projects into the lumen of the renal pelvis.