第1题:
When the stock market turns down, holders of common stocks traditionally begin to move some portion of their (61) out of stocks and into (62) to protect themselves against further declines in the market, PI programs attempt to hedge against the possibility of a market decline by (63) stock index futures contracts or stock index options (buying stock index put options). The more the market falls, the more futures and options contracts are sold by PI programs. If the market continues to fall, the rise in the value of the portfolio' futures and option positions cushions the decline in the value of the portfolio' common stocks. PI managers believe that such hedging programs using futures and options involve lower transaction costs and provide greater (64) than the traditional method of actually selling stocks and buying treasury (65)
(46)
A.treasure
B.assets
C.investment
D.capital
第2题:
听力原文:The foreign exchange market operates much like other financial markets, but isn't located in a specific place like a stock exchange.
(9)
A.The foreign exchange market operates like other financial markets in every respect.
B.The foreign exchange market has a specific place like a stock exchange.
C.There's no physical market place such as stock exchanges for the foreign exchange transactions.
D.The foreign exchange market operates quite differently since the former has no physical market place.
第3题:
The primary purpose of a stock split is to ( )
A. increase paid-in capital
B. reduce the market price of the stock per share
C. increase the market price of the stock per share
D. increase retained earnings
第4题:
In the first paragraph, individual borrowing is cited because_____.
[A] it shares similarities with the government’s Social Security policies
[B] there is no guarantee that it will be profitable in the stock market
[C] it is not proper for the brokerage houses to persuade people to borrow money
[D] it is an indication of the Bush administration’s serious concern over the stock market
第5题:
第6题:
第7题:
第8题:


第9题:
how to buy or sell shares
ABC of stock markets
the stock market is like gambling
investing money in the stock market is not the safest way
第10题:
第11题:
the rising cost of semiconductors as a seasonal fluctuation
the rise in price of semiconductors as a seasonal fluctuation
the rising cost of semiconductors for a seasonal fluctuation
the rising of the cost of semiconductors for a fluctuation by season
the rise of semiconductors in price to a seasonal fuctuation
第12题:
第13题:
A.to increase the number of shares outstanding
B.reduce the market price of the stock per share
C.reduce earnings per share
D.increase the market activity of the shares
E.increase paid-in capital
第14题:
Which statement below is not a reason for a corporation to buy back its own stock.
A. resale to employees
B. bonus to employees
C. for supporting the market price of the stock
D. to increase the shares outstanding
第15题:
It can be inferred from the text that the retail price of petrol will go up dramatically if
A price of crude rises.
B commodity prices rise.
C consumption rises.
D oil taxes rise.
第16题:
第17题:
第18题:
第19题:
第20题:
Stock market 股票市场
第21题:
UPDATE stock SET (status = NULL; quantity, price = 0) WHERE item LIKE S%
UPDATE stock SET (status, quantity, price) = (NULL, 0, 0) WHERE item LIKE S%
UPDATE stock SET status = NULL, SET quantity = 0, SET price = 0 WHERE item LIKE 'S%'
UPDATE stock SET (status = NULL), (quantity = 0), (price = 0) WHERE item LIKE S%
第22题:
2/20
19/21
21/19
18/20
20/18
第23题: