Treasury Bonds

question 15

Multiple Choice

Treasury bonds:

• A)have a number of series
• B)have a range of terms (i.e.maturities)
• C)are (approximately)par bonds when a new bond series is first issued
• D)have a range of coupon rates
• E)All of these.

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Definitions:

Herfindahl Index

A measure of market concentration, calculated by summing the squares of the market shares of all competitors within an industry.

Clayton Act

A U.S. legislation enacted in 1914 aimed at promoting competition among businesses by prohibiting certain types of anti-competitive practices.

U.S. Justice Department

A federal executive department responsible for the enforcement of the law and administration of justice in the United States.