Underwriting simply means that the investment banker promises to buy the (56) . The investment banks help design the securities and buy it from the (57) with the intent of selling it to (58) as quickly as possible. Usually, the issue is not subscribed to in its entirety by the (59) investment banker but is (60) among other institutions as well.
(41)
A.securities
B.stock
C.bond
D.funds
第1题:
(b) (i) Advise Alasdair of the tax implications and relative financial risks attached to the following property
investments:
(1) buy to let residential property;
(2) commercial property; and
(3) shares in a property investment company/unit trust. (9 marks)
第2题:
What is the principal function of a financial system? ______.
A.Production and distribution of goods and services
B.Providing a means of payment and facilitating the saving and investment process
C.Directing the flow of goods and services from producer to consumer
D.None of the above
第3题:
我们从特供商场购买食品,并加强对所购食品的检查
A.We’ll buy all the food from supermarket and check all the food we buy carefully
B.We’ll buy all the food from foreign countries and check all the food we buy carefully
C.We’ll import all the food and check all the food we buy carefully
D.We’ll buy all the food from exclusive shops and check all the food we buy carefully
第4题:
听力原文:M: It is reported that in some countries banks are not allowed to make investments in equity securities.
W: Generally commercial banks may invest only in those securities that are rated as "investment grade", or have bond ratings in the top four categories.
Q: Where are banks only allowed to make investments?
(15)
A.In equity securities.
B.In personal funds.
C.In securities rated as investment grade.
D.In property markets.
第5题:
听力原文:The primary objective of financial reporting is to provide information useful for making investment and lending decisions.
(6)
A.The financial reporting is to provide information for the investors and lenders only.
B.The main aim of financial reporting is to offer information useful for decision-making.
C.Investment and lending decisions can be made from the financial reporting.
D.Investment and lending decisions can not be made from the financial reporting.
第6题:
A derivative is a security which "derives" its value from another underlying (61) instrument, index, or other investment. Derivatives are available based on the performance of stocks, interest rates, currency exchange rates, as well as (62) contracts and various indexes. Derivatives give the buyer greater leverage for a (63) cost than purchasing the actual underlying instrument to achieve the same position. For this reason, when used properly, they can serve to "hedge" a (64) of securities against losses. However, because derivatives have a date of (65) , the level of risk is greatly increased in relation to their term. One of the simplest forms of a derivative is a stock option. A stock option gives the holder the right to buy or sell the underlying stock at a fixed price for a specified period of time.
(46)
A.bank
B.financial
C.mathematic
D.securities
第7题:
The economy in this city was ()by the new investment from abroad
A、cancelled
B、boomed
C、buried
D、crowded
第8题:
我们定点从绿色食品基地进货并进行特别检查
A.We’ll buy commodity from designated places and conduct a special test of the purchase
B.Even though we buy food from designated green food bases, still we take a test of the purchase
C.We’ll buy goods from designated green food bases and conduct a special test of the purchase
D.The food we buy are from designated green bases and we still conduct a test of the purchase
第9题:
Why should banks need to establish formal operating procedures?
A.The supervisory authorities require them to do so.
B.The shareholders expect a reasonable return on their investment.
C.The banks have to keep safe large volume of monetary items raised from all sources.
D.The banks engage in a large volume and variety of transactions.
第10题:
听力原文:M: Do you provide investment service?
W: Yes. We are a commercial bank. We help customers with the purchase and sales of securities.
Q: What does the man want to do?
(13)
A.He will provide investment service.
B.He will help the customers.
C.He will join the commercial bank.
D.He will purchase or sell securities.