金融英语考试中级模拟练试题

会计考友

　　1. Usually the low interest rate currency trades at a ______ to the high interest rate currency in the forward market.
4 Y  n. j$ ~. h! {& [2 q; A　　A. premium
　　B. par
$ b% I  J6 G2 `# ~1 M- z1 V　　C. discount
, F+ R! c; V" l　　D. bar 2. Which of the following statements about standby letters of credit is true? ______.
　　A. They can serve as a guarantee to a buyer against a seller defaulting
　　B. They are contrary to the general rule that letters of credit may only be used for the actual movement of goods
4 p& J- v7 B3 [5 ]# c! V* s  V　　C. They are unlike a tender (or other) bond in their legal standing and method of operation
: ^; E6 b3 _9 R3 T( |　　D. They are unlike a tender bond with its fixed expiry date 3. The most liquid of all assets is ______.
　　A. the stock of commercial banks
　　B. M 1
2 y2 S4 R1 d4 b. j, n0 h% a, O4 j　　C. intelligence
　　D. the debt of major corporations 4. Beta and standard deviation differ as risk measures in that beta measures ______.
* \. ?3 w+ \" V+ R# L8 R/ f, h5 I　　A. only unsystematic risk， while standard deviation measures total risk
* a/ H  @% m& t" H　　B. only systematic risk， while standard deviation measures total risk
　　C. both systematic and unsystematic risk， while standard deviation measures only unsystematic risk
4 ]" o- C  y6 c7 ~  R" z　　D. both systematic and unsystematic risk， while standard deviation measures only systematic risk5. What information would you find in a statement of cash flows that you would not be able to get from the other two primary financial statements? ______.
1 w4 ?4 c$ _1 R8 a$ W　　A. Cash provided by or used in financing activities
　　B. Cash balance at the end of the period
　　C. Total liabilities due to creditors at the end of the period
- A0 L' ~" t1 A* S　　D. Net income 6. An analyst estimates that a stock has the following probabilities of return depending on the state of the economy: