The Antitrust Division of the Justice Department

question 114

Multiple Choice

The Antitrust Division of the Justice Department

• A) is composed of five members appointed by the president and confirmed by the Senate for terms of 7 years.
• B) can issue cease‐and‐desist orders to offenders.
• C) has established a set of trade regulations that make clear what practices it deems unfair and subject to action.
• D) initiates action against those who violate antitrust laws and decides which cases to prosecute.

---

Definitions:

Interest-Rate Sensitivity

A measure of how much the value of an investment or a portfolio will change in response to a change in interest rates.

Bond Prices

The cost at which a bond is trading, which can fluctuate based on interest rates, the bond's credit quality, and other factors.

Coupon Rate

The per annum interest rate of a bond, depicted as a percentage of its principal amount.

Zero-Coupon Bond

A financial instrument that pays no regular interest, sold at a significant discount and redeemed for its full face value at maturity.