The Most Recent Settlement Bond Futures Price Is 103

question 10

Multiple Choice

The most recent settlement bond futures price is 103.5.Which of the following four bonds is cheapest to deliver?

• A) Quoted bond price = 110; conversion factor = 1.0400.
• B) Quoted bond price = 160; conversion factor = 1.5200.
• C) Quoted bond price = 131; conversion factor = 1.2500.
• D) Quoted bond price = 143; conversion factor = 1.3500.

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Definitions:

Semicircular Canals

Three looped structures in the inner ear that are key components of the vestibular system, helping to maintain balance by detecting rotational movements.

Three Dimensions

In geometry, this refers to objects or spaces that have height, width, and depth. In other contexts, it can refer to comprehensively considering various aspects of a subject or issue.

Closure

A Gestalt principle of perception; the tendency to complete figures that are incomplete.

Depth Perception

The ability to perceive the distance of an object and the three-dimensional characteristics of an environment.