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
4 m  U& v5 q2 |1 w' D: Y　　B. Because assets and liabilities are evenly matched
# }7 _: H& k! R, w6 q* Y　　C. Because the interbank market uses LIBOR
8 ^4 g6 Y: q: R/ ?　　D. Because assets and liabilities can be underwritten
　　18. If the expected returns of two risky assets have a perfect negative correlation, then risk .
' v1 V) l) ?! \5 R　　A. is increased
- E& A. t9 O1 w; |/ Y; n　　B. falls to zero
　　C. is unaffected
8 C5 Z: Y1 `4 C1 V" o7 W; W# F　　D. is reduced by one-half
　　19. A possible disadvantage of freely fluctuating exchange rates with no official intervention is that .
- ^/ b3 t7 f6 ~) \　　A. some nations would experience continual deficits
) s% u  ^1 u: u4 D' u( j　　B. the exchange rates may experience wide and frequent fluctuations
　　C. nations would no longer be able to undertake domestic policies designed to achieve and maintain full employment
5 Z, W; s9 {- d5 `& J0 v3 K　　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?
$ O: _/ n; t6 ?* W# i2 H　　A. Short ￡2 058 478.10 long $3 370 000 at 1.6371
　　B. Long ￡5 941 521.90 short $9710 000 at 1.6342
1 o5 |2 v& d) V　　C. Short ￡5 941 521.90 long $9 710 000 at 1.6342
　　D. Long ￡4 058 478.10 short $6 630 000 at 1.6336
0 \6 R, A0 M, d6 \　　答案：
　　1.D 2.B 3.A 4.A 5.A 6.C 7.A 8.B 9.A 10.A
　　11.B 12.B 13.D 14.B 15.A 16.A 17.A 18.B 19.B 20.D