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.
2 P( N# K" {1 j- z: B& }* t　　A. premium
5 H* v1 y4 ^5 t! K& ?　　B. par
　　C. discount
　　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
% M4 w6 B9 g0 D; S0 O　　C. They are unlike a tender (or other) bond in their legal standing and method of operation
+ \/ k. _; H( a6 U4 j8 f- }　　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
. N9 R5 e: [! w- ?2 c　　C. intelligence
$ M) y" W- ]& Q  B0 W8 }  K5 u) F& p　　D. the debt of major corporations 4. Beta and standard deviation differ as risk measures in that beta measures ______.
6 q1 V$ D# U: B. L, D+ H　　A. only unsystematic risk， while standard deviation measures total risk
+ S. Q! I8 {% x  _  l( p　　B. only systematic risk， while standard deviation measures total risk
　　C. both systematic and unsystematic risk， while standard deviation measures only unsystematic risk
4 n9 m) s+ S% ]　　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? ______.
& _. J7 _3 p3 z$ H, H9 A　　A. Cash provided by or used in financing activities
+ l9 N% g4 v& u　　B. Cash balance at the end of the period
　　C. Total liabilities due to creditors at the end of the period
　　D. Net income 6. An analyst estimates that a stock has the following probabilities of return depending on the state of the economy: