北语 15秋《金融英语》作业4满分答案.docx

1、北语 15秋金融英语作业4满分答案北语 15秋金融英语作业4满分答案一、单选题（共 20 道试题，共 100 分。）1. It is your data on the rising labor costs in Beijing that gave David the idea of _ our unprofitable operation there.A. phasing outB. phasing inC. phrasing outD. phrasing in正确答案：A2. The time value of an option is the _ between the premium o

2、n option and its intrinsic value.A. differenceB. distinctionC. contrastD. variety正确答案：A3. With the option,the customer has an insurance-like product to _ itself against downside risk.A. coverB. includeC. shelterD. avoid正确答案：A4. In law, the word real, as it relates to property, means _ as distinguish

3、ed from personal property.A. belongingsB. substanceC. housesD. land正确答案：D5. Lets _ of 150,000.A. bidB. put in a bidC. put a bidD. put bid正确答案：B6. In order to avoid any loss due to the fall in exchange rates, the company will _ option.A. carryB. exerciseC. practiceD. perform正确答案：B7. All goods deliver

4、ed for us within the country are covered by a _ insurance policy.A. carpetB. blanketC. basketD. complete正确答案：B8. The owner may counter bid and we may _ for something between 160,000 and 170, 000.A. decideB. determineC. stayD. settle正确答案：D9. Its _ land, but its location is perfect.A. unexpressedB. un

5、exploredC. unimprovedD. unexposed正确答案：C10. The price at which the security may be exercised is called the expiration date or the _date.A. finalB. endC. exclusionD. maturity正确答案：D11. It is _ for the seller and the purchaser to enter into a contract, at which time the purchaser makes a deposit on acco

6、unt of the purchase price.A. habitualB. usualC. customaryD. regular正确答案：C12. The party granting the right to buy or sell an asset is called the option seller or _ of the option.A. buyerB. writerC. dealerD. customer正确答案：B13. A lot of private investors are _ land around here.A. buying forB. buying out

7、C. buying offD. buying up正确答案：D14. Why dont you bring me _ on this piece of land you wanted me to check out.A. up-to-dateB. up-to-the-dateC. to dateD. on a date正确答案：A15. With the _, the customer kills off the downside risk and keeps the upside possibility.A. sharesB. optionC. stocksD. futures正确答案：B1

8、6. An option must always sell for at least its _ value or there will be arbitrage opportunities.A. intrinsicB. extrinsicC. inherentD. born正确答案：A17. Im recommending a facility of about 200,000 square feet, which will more than double our present _.A. capacityB. capabilityC. abilityD. accomodation正确答案

9、：A18. With the development of the currency options market in treasury services provided by banks, the forward rate market is becoming anyhow _, isnt it?A. insignificantB. importantC. verboseD. redundant正确答案：D19. The term option in currency option suggests the choice of the _ to use or not to use.A. customerB. dealerC. bankD. seller正确答案：A20. The time value is the sellers _ for the possibility that the option will be worth more at the end of its life than if exercised immediately.A. compendencyB. repayC. rewardD. compensation正确答案：D