Mr. Henley has accelerated his sale of shares over the past year.A:heldB: offeredC: increasedD: expected
题目
B: offered
C: increased
D: expected
相似考题
更多“Mr. Henley has accelerated his sale of shares over the past year.”相关问题
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第1题：
3 The managers of Daylon plc are reviewing the company’s investment portfolio. About 15% of the portfolio is represented by a holding of 5,550,000 ordinary shares of Mondglobe plc. The managers are concerned about the effect on portfolio value if the price of Mondglobe’s shares should fall, and are considering selling the shares. Daylon’s investment bank has suggested that the risk of Mondglobe’s shares falling by more than 5% from their current value could be protected against by buying an over the counter option. The investment bank is prepared to sell an appropriate six month option to Daylon for ￡250,000.
Other information:
(i) The current market price of Mondglobe’s ordinary shares is 360 pence.
(ii) The annual volatility (variance) of Mondglobe’s shares for the last year was 169%.
(iii) The risk free rate is 4% per year.
(iv) No dividend is expected to be paid by Mondglobe during the next six months.
Required:
(a) Evaluate whether or not the price at which the investment bank is willing to sell the option is a fair price.(10 marks)
正确答案：3 (a) The investment bank is offering to sell to Daylon plc an option to sell Mondglobe ordinary shares at a price no worse than 5% below the current market price of 360 pence. This is a put option on Mondglobe shares at a price of 342 pence. The Black-Scholes option pricing model may be used to estimate whether or not the option price is a fair price. The value of a put option may be found by first estimating the value of a call option and then using the put-call parity theorem.
Basic data:
Share price 360 pence
Exercise price 342 pence
Risk free rate 4% (0·04)
Volatility is measured by the standard deviation. The variance is 169% therefore the standard deviation, σ is 13% (0·13)
The relevant period is six months (0·5)
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第2题：
Over the past decades, sea ice ____ in the Arctic (北极) as a result of global warming.A had decreased
B will decrease
C has been decreasing
D is decresing
参考答案：C
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第3题：
Dear Mr. Brown,
Thank you for your letter of 6 September regarding Mr. John Green who has been employed by this company for the past 10 years.
Mr. Green served his apprenticeship (学徒) with Vickers Tools Ltd. in Manchester, followed by a three-year course of engineering for Production Engineers. He is technically well—qualified and for the past five years has been our Assistant Works Manager responsible for production and related business in our Sheffield factory. In all his job duties he has shown himself to be hard-working, responsible and in every way a very dependable employee.
I can strongly recommend Mr. Green as I feel sure that if he were to be chosen to manage your factory in Nairobi he would bring to his work a true atmosphere of teamwork, which would be found necessary and helpful by all who would work with him.
Sincerely yours，
Tom Smith
1. How long has Mr. Green been employed by the writer's company?
For ().
2. What kind of course did Mr. Green take?
A three-year course in engineering for ().
3. What job position has Mr. Green held in the past five years?
4.What does the writer think of Mr. Green as an employee?
He is hard-working, () and dependable.
5.What is the purpose of this letter?
To () Mr. Green to manage a factory in Nairobi.
答案：1.10years,2.Production Engineersl,3.Assistant Words Manger,4.responsible,5.strongly recommed
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第4题：
Not until the meeting was over ____ that he had made a mistake in his speech.A、he realized
B、did he realize
C、he has realized
D、has he realized
正确答案:B
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第5题：
Mr. Joe has worked very hard in the past two years and has paid all his debts （ ）the last penny.A.by
B.to
C.until
D.with答案：B解析：本题考查介词。句意为“乔先生在过去两年里非常努力地工作，他还清了全部债务，分文不欠”。by表示通过某种方式；until表示 “直到……”，一般用于时间；with表示“用……工作，随着”；to表示“直到”，用在句子里强调直到还清最后一分钱，即偿清债务。故本题选B。 -
第6题：
Mr. Henley has acceleratedhis sale of shares over the past year.A:held
B:expected
C:offered
D:increased答案：D解析：本句意思：Mr.Henley在过去的几年里增加了他的售出股份。accelerate作及物动词，意 为“使增速”,increase与其意思最接近。 -
第7题：
Mr.Henley has accelerated his sale of shares over the past year.A:held
B:increased
C:expected
D:offered答案：B解析：题干意为“在过去的一年，亨利先生快速地抛售了他的股票。” 句中划线词意为“加速”。B项increase意为“增加”；例句：Rising prices neutralized increased wages．上涨的物价与增加的工资相抵消了。A项意为“拥有”。C项意为“预料”。D 项意为“提供”。故选B。 -
第8题：
He is over fifty, but he looks as if he（）only in his thirties.
- A、is
- B、were
- C、will be
- D、has been
正确答案:B -
第9题：
问答题Practice 4 “My dear Mr. Bennet,” said his lady to him one day, “have you heard that Netherfield Park is let at last?” Mr. Bennet replied that he had not. “But it is,” returned she; “for Mrs. Long has just been here, and she told me all about it.” Mr. Bennet made no answer. “Do not you want to know who has taken it?” cried his wife impatiently. “You want to tell me, and I have no objection to hearing it.” This was invitation enough. “Why, my dear, you must know, Mrs. Long says that Netherfield is taken by a young man of large fortune from the north of England that he came down on Monday in a chaise and four to see the place, and was so much delighted with it that he agreed with Mr. Morris immediately; that he is to take possession before Michaelmas, and some of his servants are to be in the house by the end of next week.” “What is his name?” “Bingley.” “Is he married or single?” “Oh! single, my dear, to be sure! A single man of large fortune; four or five thousand a year. What a fine thing for our girls!” “How so? How can it affect them?” “My dear Mr. Bennet,” replied his wife, “how can you be so tiresome! You must know that I am thinking of his marrying one of them.” “Is that his design in settling here?” “Design! nonsense, how can you talk so! But it is very likely that he may fall in love with one of them, and therefore you must visit him as soon as he comes.” “I see no occasion for that. You and the girls may go, or you may send them by themselves, which perhaps will be still better, for as you are as handsome as any of them, Mr. Bingley might like you the best of the party.”正确答案：
【参考译文】
有一天班纳特太太对她的丈夫说:“我的好老爷,尼日斐花园终于租出去了,你听说过没有?”
班纳特先生回答道,他没有听说过。
“的确租出去了,”她说,“朗格太太刚刚上这儿来过,她把这件事的底细,一五一十地告诉了我。”
班纳特先生没有理睬她。
“你难道不想知道是谁租去的吗?”太太不耐烦地嚷起来了。
“既是你要说给我听,我听听也无妨。”
这句话足够鼓励她讲下去了。
“哦!亲爱的,你得知道,郎格太太说,租尼B斐花园的是个阔少爷,他是英格兰北部的人;听说他星期一那天,乘着一辆驷马大轿车来看房子,看得非常中意,当场就和莫理斯先生谈妥了;他要在‘米迦勒节’以前搬进来,打算下个周末先叫几个佣人来住。”
“这个人叫什么名字?”
“彬格莱。”
“有太太的呢,还是单身汉?”
“噢!是个单身汉,亲爱的,确确实实是个单身汉!一个有钱的单身汉;每年有四五千磅的收入。真是女儿们的福气!”
“这怎么说?关女儿们什么事?”
“我的好老爷,”太太回答道,“你怎么这样叫人讨厌!告诉你吧,我正在盘算,他要是挑中我们一个女儿做老婆,可多好!”
“他住到这儿来,就是为了这个打算吗?”
“打算!胡扯,这是哪儿的话!不过,他倒作兴看中我们的某一个女儿呢。他一搬来,你就得去拜访拜访他。”
“我不用去。你带着女儿们去就得啦,要不你干脆打发她们自己去,那或许倒更好些,因为你跟女儿们比起来,她们哪一个都不能胜过你的美貌,你去了,彬格莱先生倒可能挑中你呢?”解析： 暂无解析 -
第10题：
单选题Why does Mr. Black want to delay his loan payment?ABecause his store opens in January.
BBecause he has declared bankruptcy,
CBecause he is paying back other loans.
DBecause he wants to modify his contract.
正确答案： B解析：
根据第1段第5句Paying back those loans has left me temporarily short of cash可知Mr. Black因偿还其他贷款而导致现金不足，故选C。 -
第11题：
问答题Practice 13 ● Miss Peters has placed an order with Mr. Frederic. This is the first order his company has ever got from her company. Mr. Frederic decides to keep this new customer and is thinking of increasing his company’s sales to her. ● Suppose you are a secretary of Mr. Frederic, he asks you to write this letter. ● Please write the letter. ● Write 60-80 words.正确答案： 【参考范文】
Dear Miss Peters:
For your first-time order, I would like to thank you on behalf of the company. This is your initial order and I believe that no greater kick a sales manager can get than the beginning of business with a new customer. The signing of an order is an exhibition of trust, and we are fully aware that we are responsible for maintaining that trust.
What means the most to the buyer of any product is the character of the supplying organization, its resources, its .facilities, its reputation, and its standards of service.
Every facility of our company is at your disposal. We would like to be helpful beyond the mere necessities of business transaction.
We really appreciate it that you decide to do business with us. We want to continue to deserve your trust.
John Smith
Secretary of General Director of ABC Company解析： 暂无解析 -
第12题：
单选题Mr. Morales’s concessions exclude ______.Arestriction of his candidature as president to a single five-year term
Bautonomy, land reform
Climits on land ownership will not be retroactive
Dloosening state control over the country’s natural resources
正确答案： B解析：
题目问的是：莫拉莱斯先生的让步不包括下列哪一项？文章第9段提到“Strengthening state control over the country’s natural resources—remain broadly intact.”，说明要加强政府对国家天然资源的控制，D项与之内容相反，故选D。 -
第13题：
6 Assume today’s date is 16 April 2005.
Henry, aged 48, is the managing director of Happy Home Ltd, an unquoted UK company specialising in interior
design. He is wealthy in his own right and is married to Helen, who is 45 years old. They have two children – Stephen,
who is 19, and Sally who is 17.
As part of his salary, Henry was given 3,000 shares in Happy Home Ltd with an option to acquire a further 10,000
shares. The options were granted on 15 July 2003, shortly after the company started trading, and were not part of
an approved share option scheme. The free shares were given to Henry on the same day.
The exercise price of the share options was set at the then market value of ￡1·00 per share. The options are not
capable of being exercised after 10 years from the date of grant. The company has been successful, and the current
value of the shares is now ￡14·00 per share. Another shareholder has offered to buy the shares at their market value,
so Henry exercised his share options on 14 April 2005 and will sell the shares next week, on 20 April 2005.
With the company growing in size, Henry wishes to recruit high quality staff, but the company lacks the funds to pay
them in cash. Henry believes that giving new employees the chance to buy shares in the company would help recruit
staff, as they could share in the growth in value of Happy Home Ltd. Henry has heard that there is a particular share
scheme that is suitable for small, fast growing companies. He would like to obtain further information on how such
a scheme would work.
Henry has accumulated substantial assets over the years. The family house is owned jointly with Helen, and is worth
￡650,000. Henry has a ￡250,000 mortgage on the house. In addition, Henry has liquid assets worth ￡340,000
and Helen has shares in quoted companies currently worth ￡125,000. Henry has no forms of insurance, and believes
he should make sure that his wealth and family are protected. He is keen to find out what options he should be
considering.
Required:
(a) (i) State how the gift of the 3,000 shares in Happy Home Ltd was taxed. (1 mark)
正确答案：
(a) (i) Gift of shares
Shares, which are given free or sold at less than market value, are charged to income tax on the difference between the
market value and the amount paid (if any) for the shares. Henry was given 3,000 shares with a market value of ￡1 at
the time of gift, so he was assessed to income tax on ￡3,000, in the tax year 2003/04. -
第14题：
Mr. Smith has () from his office as the chief minister.A、resigned
B、attained
C、relieved
D、revealed
参考答案：A
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第15题：
Chip, a single individual has two sales of stock during the current year. The first sale produces a short-term loss of $10,000 and the second sale results in a long-term gain of $40,000. Chip's taxable income without considering the gain is $150,000. Chip's stock transactions will increase his income tax liability by:()。
A、$3,000
B、$4,500
C、$6,600
D、$7,200
E、$9,000
答案：B
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第16题：
Do not______the watch to the relieving officer until he has verbally expressed his acknowledgment of the information which has been passed by the officer handing over．
A.turn over
B.hand over
C.hands off
D.take over
正确答案：B
不要交给接班驾驶员，除非接班驾驶员口头表示已经知道交班人员的信息。 -
第17题：
Mr. Henley has accelerated his sale of shares over the past year.A: held
B: increased
C: expected
D: offered答案：B解析：题干意为“在过去的一年，亨利先生快速地抛售了他的股票。” 句中划线词意为“加速”。B项increase意为“增加”。例句：Rising prices neutralized in-creased wages．上涨的物价抵消了增加的工资。A项意为“拥有”，C项expect意为“预料”。 D项offer意为“提供”。故选B。 -
第18题：
Mr. Tamil believes that his strategy for increasing advertising revenues will be successful,but his supervisor has requested that he research alternative__________ .A.agendas
B.samples
C.displays
D.methods答案：D解析：句子表示“要求寻找代替方案”时旬意最自然，故选D。 -
第19题：
He is over fifty, but he looks as though he（）only in his thirties.
- A、were
- B、is
- C、will be
- D、has been
正确答案:A -
第20题：
单选题Mr. Smith has bought a lot of books for his daughter, ______ he?Ahasn’t
Bdidn’t
Cdoesn’t
正确答案： B解析：
本题考查的是反义疑问句的用法。句意：“史密斯先生给他的女儿买了很多书，是吗?”句中陈述部分的时态是现在完成时，实义动词是buy，助动词是have。后面的疑问部分应为否定形式hasn’t，故A项正确。 -
第21题：
单选题Over the past ten years, natural gas production has remained steady, but _____ has risen steadily.Aconsumption
Bdissipation
Cdisposal
Dexpenditure
正确答案： A解析：
句意：在过去的十年里，天然气产量始终保持不变，但消耗量却在稳步上升。consumption消耗，消费，指某物经过使用而消耗掉或被用尽。句中but暗示了其前后是production和所填词形成的反义关系，因此A符合题意。dissipation浪费，挥霍，主要强调时间、金钱等方面。disposal处理，清除，主要表示处理废弃物。expenditure花费，消耗，费用，强调时间、金钱、劳力等方面，其反义词为revenue。 -
第22题：
判断题Mr. Mubarak has recently hand-picked his successor, whom he found very suitable.A对
B错
正确答案： 错解析：
该段录音的主要内容是埃及总统Mr. Mubarak表示很难找到一个合适的副总统人选，而非题干描述的“Mr. Mubarak最近亲手挑选出他非常满意的继承者”。
【录音原文】
Mr. Mubarak, Egypt’s president, has never named a vice-president, nor even hinted at the possible identity of one. Coyly and repeatedly, he has said that it was hard to find anyone suitable. -
第23题：
单选题Why did Mr. Eldridge write to Ms. Brancato?ATo introduce himself to her
BTo encourage her to take a vacation
CTo advertise his company’s services
DTo inform her of an ongoing sale
正确答案： A解析：
短文的主体内容第2段介绍公司优惠的服务价格和坐公交旅行的好处，最后1段还表明如有需要请联系New England Express Bus Carders，可见其目的是给自己公司打广告，故选C。 -
第24题：
单选题Mr.Joe has worked very hard in the past two years and has paid all his debts_________ the last penny.Aby
Bto
Cuntil
Dwith
正确答案： C解析：