北京语言大学13春《金融英语》作业4

13春《金融英语》作业4
试卷总分：100
单选题
一、单选题（共 20 道试题，共 100 分。）
V
1. The holder purchased 0,000 ___ of Treasury bonds at a price of 90,000 on or before the expiration date in December.
A. per value
B. par value
C. value face
D. facial value
满分：5 分
2. 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
3. With the option,the customer has an insurance-like product to ___ itself against downside risk.
A. cover
B. include
C. shelter
D. avoid
满分：5 分
4. 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
5. The party who must decide whether to exercise the option is termed the option ___.
A. customer
B. buyer
C. dealer
D. seller
满分：5 分
6. When an owener of real property has died intestate, title to the propery is said to pass by ___ to the heirs.
A. descent
B. devise
C. gift
D. purchase
满分：5 分
7. It is ___ for the seller and the purchaser to enter into a contract, at which time the purchaser makes a deposit on account of the purchase price.
A. habitual
B. usual
C. customary
D. regular
满分：5 分
8. The price at which the security may be exercised is called the expiration date or the ___date.
A. final
B. end
C. exclusion
D. maturity
此题选: D 满分：5 分
9. 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
此题选: D 满分：5 分
10. ___ is the most common form of ownership.
A. Capitalized interest
B. Fee interest
C. Single interests
D. Terminable interests
满分：5 分
11. The time value is the seller’s ___ for the possibility 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
此题选: D 满分：5 分
12. In law, the word real, as it relates to property, means ___ as distinguished from personal property.
A. belongings
B. substance
C. houses
D. land
此题选: D 满分：5 分
13. 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
14. The party granting the right to buy or sell an asset is called the option seller or ___ of the option.
A. buyer
B. writer
C. dealer
D. customer
满分：5 分
15. We prefer to buy or lease one ___ rather than build a new plant.
A. equipment
B. appliance
C. instrument
D. facility
此题选: D 满分：5 分
16. Let’s ___ of ＄ 150,000.
A. bid
B. put in a bid
C. put a bid
D. put bid
满分：5 分
17. The vehicle insurers say the lorries are complete ___ .
A. out of use
B. useless
C. write-offs
D. write out
满分：5 分
18. Why don’t you bring me ___ on this piece of land you wanted me to check out.
A. up-to-date
B. up-to-the-date
C. to date
D. on a date
满分：5 分
19. The price of the option contract is its ___.
A. interest
B. premium
C. award
D. reward
满分：5 分
20. 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