北语17春《金融英语》作业4答案资料
17春《金融英语》作业4北语
一、单选题：
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. (满分:5)
A. descent
B. devise
C. gift
D. purchase
2.The term "option" in "currency option" suggests the choice of theto use or not to use. (满分:5)
A. customer
B. dealer
C. bank
D. seller
3.The owner may counter bid and we mayfor something between ＄160,000 and ＄170, 000. (满分:5)
A. decide
B. determine
C. stay
D. settle
4.The time value is the seller’sfor the possibility that the option will be worth more at the end of its life than if exercised immediately. (满分:5)
A. compendency
B. repay
C. reward
D. compensation
5.The vehicle insurers say the lorries are complete. (满分:5)
A. out of use
B. useless
C. write-offs
D. write out
6.The time value of an option is thebetween the premium on option and its intrinsic value. (满分:5)
A. difference
B. distinction
C. contrast
D. variety
7.In law, the word estate, as it relates to property, is defined as the one has in property. (满分:5)
A. land
B. interest
C. right
D. realty
8.In order to attract new industry, California issues industrial bonds. (满分:5)
A. revenue
B. income
C. salary
D. pay
9.All goods delivered for us within the country are covered by ainsurance policy. (满分:5)
A. carpet
B. blanket
C. basket
D. complete
10. is the most common form of ownership. (满分:5)
A. Capitalized interest
B. Fee interest
C. Single interests
D. Terminable interests
11.A lot of private investors are land around here. (满分:5)
A. buying for
B. buying out
C. buying off
D. buying up
12.Ievery facility in the area, and not one of them was adequate. (满分:5)
A. watched
B. inspected
C. checked
D. examined
13.The holder purchased ﹩100,000of Treasury bonds at a price of ﹩90,000 on or before the expiration date in December. (满分:5)
A. per value
B. par value
C. value face
D. facial value
14.Some experts say that themarket may develop to replace forward contracts over the next few years. (满分:5)
A. stock
B. share
C. futures
D. currency
15.The from the bonds would be made available to us at a very low interest rate to help finance the construction. (满分:5)
A. proceed
B. proceeds
C. procedure
D. process
16.With the option,the customer has an insurance-like product toitself against downside risk. (满分:5)
A. cover
B. include
C. shelter
D. avoid
17.In order to avoid any loss due to the fall in exchange rates, the company willoption. (满分:5)
A. carry
B. exercise
C. practice
D. perform
18.The most important advantage of an option is . (满分:5)
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
19.It’sland, but its location is perfect. (满分:5)
A. unexpressed
B. unexplored
C. unimproved
D. unexposed
20.The price of an option consists of two components intrinsic value and value. (满分:5)
A. place
B. time
C. inherent
D. extrinsic
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