金融英语单选测题—FECT（3）

会计考友

　　A. Because assets and liabilities are not evenly matched on the same time scale
, u2 d8 |3 [1 ]; @　　B. Because assets and liabilities are evenly matched
　　C. Because the interbank market uses LIBOR
- T. s+ B) A2 v: P　　D. Because assets and liabilities can be underwritten
( W9 }" x  h) g; \0 K. N. A3 ]　　18. If the expected returns of two risky assets have a perfect negative correlation, then risk .
" }/ S3 J/ n/ M9 {- j* N: w2 @　　A. is increased
　　B. falls to zero
　　C. is unaffected
　　D. is reduced by one-half
6 }) h' _( L. |( v2 ], b　　19. A possible disadvantage of freely fluctuating exchange rates with no official intervention is that .
" L; _9 K( n" C: z  S0 D8 E' }　　A. some nations would experience continual deficits
! w$ G" A0 d3 D" C. L. L8 ^1 y/ M/ N0 r  n　　B. the exchange rates may experience wide and frequent fluctuations
) w7 O& H7 u* Z# b; I1 N　　C. nations would no longer be able to undertake domestic policies designed to achieve and maintain full employment
　　D. nations would need a larger supply of international reserves than otherwise
　　20. What are your GBP/USD position and the average rate if you sell ￡4m at 1.6350 buy ￡5m at 1.6340 and sell $5m at 1.6348?
　　A. Short ￡2 058 478.10 long $3 370 000 at 1.6371
; n# k3 Z9 g- i　　B. Long ￡5 941 521.90 short $9710 000 at 1.6342
6 `6 ^: x' \- S% @. e2 e+ n　　C. Short ￡5 941 521.90 long $9 710 000 at 1.6342
; I6 c. y* n% U# z　　D. Long ￡4 058 478.10 short $6 630 000 at 1.6336
　　答案：
　　1.D 2.B 3.A 4.A 5.A 6.C 7.A 8.B 9.A 10.A
3 ?$ T$ j7 Q4 g- r& H$ ?　　11.B 12.B 13.D 14.B 15.A 16.A 17.A 18.B 19.B 20.D