新视野大学英语视听说教程版第三册unit10答案.docx

1、新视野大学英语视听说教程版第三册unit10答案Basic Listening Practice1. ScriptW: Let me recommend my brother to you. Hes really done well in the stock market over the last few years.M: The real question is this: How have you dine by taking his advice?Q: What does the man mean?2. Script M: Many investors jump on IPOs, ho

2、ping to get rich by getting into a stock early before it goes up.W: But isnt that a bit like buying a book without reading it? I mean, what if it doesnt go up?Q: What is the womans opinion?3. Script W: The Dow was down again today. Its hard to make money when high fuel prices are killing the stock m

3、arket.M: Theres still money to be made. If you bought oil futures three months ago, youd be smiling right now.Q: What can we learn from the dialog?4. Script M: I cant wait to get back to my computer. Online share trading has totally changed the stock market and the lives of investors. Hook up to the

4、 Internet and be your own broker!W: In other words you can cut out the middle man now. For about 500, you can open an account and begin buying and selling shares from your own home, 24 hours a day.Q: Which of the following is true if they want to trade shares on the Internet?5. Script M: Hold onto y

5、our hat! Well be rich. Im buying shares in a new company.M: You cant buy IPO shares unless you have a big active with a broker. The day of dot-com fortunes from IPOs are over.Q: According to the conversation, what is the condition for buying IPO shares. Listening In Task 1: Tell me about the stock e

6、xchange.ScriptGeorge: Im supposed to give a presentation on the stock exchange, but I dont yet know a thing about it. Could you give me some tips?Diana: The problem with you is that youve skipped too many classes. Now, let me give you a few tips. First of all, you need to define the stock exchange.

7、Its an organization of brokers and investment bankers. In Europe it is often called a bourse.George: Could you tell me more about it? Like, how does it work?Diana: It provides facilities for the trading of company stocks, mainly the location and the record-keeping devices.George: Can I go and trade

8、there?Diana: It depends. You have to be a member of the exchange before you can buy and sell shares there. They call it having “a seat” on the exchange.George: Something they use the term “stock market”.Diana: Well, the trading of stock on stock exchanges is called the stock market.George: How can a

9、 company be listed on the stock exchange?Diana: It has to meet certain requirements. To be listed on the New York Stock Exchange last year, for example, a company had to have issued at least a million shares of stock worth16 and had to have had more than million net income.George: Wow, thats a huge

10、sum! Small companies havent got a chance.Diana: Big companies have more influence on the stock prices after all.George: I see what you mean.Stock exchange a thing some tips define investment bankers Europe a member stock market requirements a million shares net incomeTask 2: Stockbroker helps Mr. Ju

11、nkie to short Script ABC stock reached155. “155” for a stock that should be valued at100. Wow! “Thats it,” I said to myself. “Its time I make a decision. Im going to short that stock.” I thought to myself, “This stock is overvalued. It cant remain at the present level for long. This means money in t

12、he bank.”So I phoned my broker.“I want to place a trade. I want to short 1,500 shares of ABC.“Im sorry, Mr. Junkie,” he said, “I cant process that for you. Your account is cash account. You need a margin account to short a stock. I can send you the application form or you nearest financial instituti

13、on to fill out the forms.”The minute I got of the phone, I heard out the door because time is money. I ran to the financial institution to fill out the form and sent it to the broker by express mail service. Next morning I called him. “Hello, its Mr. Junkie. Did you get my application?“Yes.”“Great,

14、I would like to short ABC then.”“One minute pleaseIm sorry, Mr. Junkie, but you now need a shorters account.”“What! You mean the margin account isnt enough?”“No, you also need a shorters account. Any financial institution nearby has the forms.”Off I ran again. I completed the form and had a taxi del

15、iver to my broker. In the afternoon I called again.“Hello, its Mr. Junkie. I want to short 1,500 shares of ABC at 155.”A few moments later he answered, “Mr. Junkie, I am sorry, but I dont think that is possible.”“Why not?”“Well, the last trade went through at 99.”F 1. The broker did not believe ABC

16、stock could remain at 155 for long.T 2. Mr. Junkie wanted to short 1,500 shares of ABC.T . Junkie could get a margin account through either a financial institution or his broker.T 4. To short a stock, one needs both a margin account and a shorters account.F 5. Mr. Junkie asked a taxi driver the form

17、s for a margin account to the broker.Task 3: Who am I if I own stocks?Script When a person buys stocks in a company, that person becomes a shareholder in that company. Stockholder is another name for shareholder. A shareholder can also be called an investor of the company. When that company makes mo

18、ney, which can also be called earned income or profit, the value of the companys stock often increases. Thats because more people may become interested in investing in the company. Sometimes, shareholders receive a dividend, which is part of the companys earned incomes, in the form of a cash payment

19、.Some people try to make money by buying and selling stocks. Stock prices can move up and down. Shareholders may make money or lose money by selling stocks that they own, depending on whether the price has gone up or down since they bought their shares. A companys stock price may be affected by mark

20、et or economic conditions. For example, lets say that BCD Enterprises is a software company that has introduced a new video game into the market. If that game is a hit, sales of the video game could boost the companys earnings. Because of the potential for BCD Enterprises to grow, its stock may be v

21、iewed as an attractive investment and its stock price may go up as more people buy its shares. On the other hand, lets say the video game that BCD Enterprises introduced is a flop. Or, it could be a good time, but BCD introduced it at a time when people are spending less on leisure products, and har

22、dly anyone is buying the game. So its reported that BCD is losing money because of this new product. Then the stock price for BCD Enterprises may go down if a number of shareholders decide to sell their shares.1. What is the passage mainly concerned with?C) The influence of shareholders buying and s

23、elling on a company.2. Which of the following is NOT the same as a shareholder?B) A person selling shares on behalf of others.3. What may affect a companys stock price?D) All of the above.4. According to the passage, which of the following is true if a companys product is good?A) The companys stock

24、price may go up.5. Why does the speaker mention BCD Enterprises? D) BCD is used as an example to illustrate the stock market principlesSpeaking Out MODEL 1 The stock market is driven by fear and greed.Chris: Nora!Nora: Hey Chris. Why the big grin? You look like the cat that swallowed the canary.Chri

25、s: Even better. An uncle I hardly knew passes away and left an inheritance of 100,000. So now Im thinking of making some investments.Nora: Good idea, thouh it would be more fun if we spent it together. What sort of investment do you have in mind?Chris: The stock market is looking attractive. Its bee

26、n a bear market for several years now, and I think stock prices are pretty depressed.Nora: The decling market has investors depressed,too.Chris: But all things work in cycles. A bear market will eventually be followed by a bull market.Nora: Thats sure. Ive been reading that investors are coming back

27、 to the market, and that will drive up the value of stocks.Chris: I believe the market is picking up.Nora: But theres still a risk. Wars, weather problemsall these impact incestors confidence. Chris: I know what you mean. The stock market is driven by fear snd greed. When investors are cinfident od

28、making of a fortune, they buythats greed at work.Nora: But along comes something to shake their confidenceChris: Like a rise in interest rates, for example, and bingo, they become afraid that they might lose their shares, so they pull out of the market.Now Your TurnA: Ive saved a lot of money over t

29、he past years, and now Id like to invest it for a profit.B: What sort of investment do you have in mind?A: The stock market is looking attractive. Its been a bear market for several years now, and I think stock prices are pretty depressed.B: The falling market has discouraged many investors.A: But a

30、ll things work in cycles. A bear market will eventually be followed by a bull market.B: Thats true. When the market does touch its bottom, itll rebound.A: I hope the investors will soon come back to the market and drive it up.B: But therere still risks. Wars, weather problemsall these affect buyers

31、confidence. Were not sure if the market has reached its bottom.A: The bear market has lasted over four years; I think its time for it to pick up.B: Its really hard to say. The Japanese stock market has had a bear run of about ten years.A: Really?B: And when NASDAQ fell from 5,000 points to 3,000 poi

32、nts, some people believe it was a golden opportunity to enter the market. Then the market plunged.A: So the stock market is really risky. I may lose money.B: And maybe even your shirts.A: Well, perhaps Id better put my money on the bank.The stock has to be launched.Helen: You know, this has been a privately owned company since we first opened last year and, to be honest with you,