北京语言大学13春《金融英语》（商务方向）作业4

13春《金融英语》（商务方向）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. When an owener of real property has died testate, title to the propery is said to pass by ___ to the person so designated in the will.
A. descent
B. devise
C. gift
D. purchase
满分：5 分
2. In order to attract new industry, California issues industrial ___ bonds.
A. revenue
B. income
C. salary
D. pay
满分：5 分
3. Transfer for real property by gift to fraternal ___ is easily accompolished merely by the execution and delivery of a deed.
A. bills
B. receipts
C. orders
D. demands
满分：5 分
4. 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
5. With the development of the currency options market in treasury services provided by banks, the forward rate market is becoming anyhow ___, isn’t it?
A. insignificant
B. important
C. verbose
D. redundant
此题选: D 满分：5 分
6. 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
7. In order to avoid any loss due to the fall in exchange rates, the company will ___ option.
A. carry
B. exercise
C. practice
D. perform
满分：5 分
8. 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
9. 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
10. 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
11. The currency options market, compared with the forward, can ___ a larger proportion of this sort of business.
A. cover
B. include
C. shelter
D. consist
满分：5 分
12. 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
13. If this property is as good as you say, we’ve got to ___ fast.
A. go
B. take
C. move
D. do
满分：5 分
14. The time value of an option is the ___ between the premium on option and its intrinsic value.
A. difference
B. distinction
C. contrast
D. variety
满分：5 分
15. The owner may counter bid and we may ___ for something between ＄160,000 and ＄170, 000.
A. decide
B. determine
C. stay
D. settle
此题选: D 满分：5 分
16. 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
17. I’m recommending a facility of about 200,000 square feet, which will more than double our present ___.
A. capacity
B. capability
C. ability
D. accomodation
满分：5 分
18. 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
19. 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
20. ___ is the most common form of ownership.
A. Capitalized interest
B. Fee interest
C. Single interests
D. Terminable interests
满分：5 分