Use the Table for the Question(s) Below -The Price (Expressed as a Percentage of the Face Value)

question 76

Multiple Choice

Use the table for the question(s) below.
Consider the following yields to maturity on various one-year zero-coupon securities:
$\begin{array} { l c } \hline \text { Security } & \text { Yield (\%) } \\\hline \text { Treasury } & 4.6 \\\hline \text { AAA corporate } & 4.8 \\\hline \text { BBB corporate } & 5.6 \\\hline \text { B Corporate } & 6.2 \\\hline\end{array}$
-The price (expressed as a percentage of the face value) of a one-year, zero-coupon corporate bond with a AAA rating is closest to:

• A) 95.42
• B) 94.70
• C) 95.60
• D) 94.16

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Definitions:

Filtration Membrane

A biological or synthetic membrane that acts as a selective barrier, allowing some substances to pass while blocking others, especially used in filtering substances from the blood in the kidneys.

Nephron

The basic structural and functional unit of the kidney, responsible for filtering blood and producing urine.

Glomerular Capsule

A cup-shaped structure surrounding the glomerulus in each nephron of the kidney, where filtration of blood plasma occurs.

Afferent Arteriole

A small artery that leads into the glomerulus of the kidney, where it divides into capillaries for blood filtration.