1、1. We prefer to buy or lease one ___ rather than build a new plant. A. equipment B. appliance C. instrument D. facility 满分:5 分 2. The holder purchased ﹩100,000 ___ of Treasury bonds at a price of ﹩90,000 on or before the expiration date in December. A. per value
2、 B. par value C. value face D. facial value 满分:5 分 3. He has spent two weeks looking for a site suitable for the ___ of AD's production facilities. A. spread B. width C. extension D. expansion 满分:5 分 4. The price of an option consists of two compo
3、nents intrinsic value and ___value. A. place B. time C. inherent D. extrinsic 满分:5 分 5. An option must always sell for at least its ___ value or there will be arbitrage opportunities. A. intrinsic B. extrinsic C. inherent D. born 满分:5 分 6.
4、I ___ every facility in the area, and not one of them was adequate. A. watched B. inspected C. checked D. examined 满分:5 分 7. In law, the word estate, as it relates to property, is defined as the ___ one has in property. A. land B. interest C. right D.
5、 realty 满分:5 分 8. The most important advantage of an option is ___. A. to cover downside and keep upside B. to keep downside and upside C. to cover downside and upside D. to keep downside and cover upside 满分:5 分 9. With the option,the customer has an insuran
6、ce-like product to ___ itself against downside risk. A. cover B. include C. shelter D. avoid 满分:5 分 10. Some experts say that the ___ market may develop to replace forward contracts over the next few years. A. stock B. share C. futures D. currency
7、 满分:5 分 11. It is your data on the rising labor costs in Beijing that gave David the idea of ___ our unprofitable operation there. A. phasing out B. phasing in C. phrasing out D. phrasing in 满分:5 分 12. With the development of the currency options market in treasu
8、ry services provided by banks, the forward rate market is becoming anyhow ___, isn't it? A. insignificant B. important C. verbose D. redundant 满分:5 分 13. I'm recommending a facility of about 200,000 square feet, which will more than double our present ___. A. capacit
9、y B. capability C. ability D. accomodation 满分:5 分 14. With the ___, the customer kills off the downside risk and keeps the upside possibility. A. shares B. option C. stocks D. futures 满分:5 分 15. The time value is the seller's ___ for the possi
10、bility that the option will be worth more at the end of its life than if exercised immediately. A. compendency B. repay C. reward D. compensation 满分:5 分 16. Once the exchange rate is agreed upon between the customer and the bank, no one can come and ask the customer for
11、 money, except the ___ the customer has paid to the bank. A. option premium B. cash C. bills D. currencies 满分:5 分 17. The owner may counter bid and we may ___ for something between $160,000 and $170, 000. A. decide B. determine C. stay D. settle
12、 满分:5 分 18. A lot of private investors are ___ land around here. A. buying for B. buying out C. buying off D. buying up 满分:5 分 19. All goods delivered for us within the country are covered by a ___ insurance policy. A. carpet B. blanket C. basket D. complete 满分:5 分 20. In order to attract new industry, California issues industrial ___ bonds. A. revenue B. income C. salary D. pay 满分:5 分






