John Is a District Attorney for a Large Metropolitan Area

question 10

Multiple Choice

John is a district attorney for a large metropolitan area.  He is facing reelection in approximately 1 year.  During the course of John's day, he receives news that a well-known professional football player has attempted to murder his wife of less than a year.  Apparently, the player found his wife in a comprising position with another player on the team.  John knows that how he prosecutes this media-driven case may determine if he is reelected.
Even though the community is demanding charges and a trial, it will be John's final decision to go to trial or plea bargain the case.  John has a great deal of __________ in making his decision.

• A)dilemma
• B)authority
• C)discretion
• D)ability

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Definitions:

Forward Rates

Forward rates are interest rates or foreign exchange rates fixed now for a financial transaction that will occur at a future date.

Spot Rates

Spot Rates refer to the current interest rates available for immediate transactions in the bond market, influencing the pricing of the financial securities.

Interest Rate Parity

A financial theory stating that the difference in interest rates between two countries is equal to the difference between the forward and spot exchange rates of their currencies.

Nominal Risk-Free

The rate of return on an investment with no risk of financial loss, not adjusted for inflation.