财经原版试题-副本.doc

该【财经原版试题-副本 】是由【花双韵芝】上传分享，文档一共【14】页，该文档可以免费在线阅读，需要了解更多关于【财经原版试题-副本 】的内容，可以使用淘豆网的站内搜索功能，选择自己适合的文档，以下文字是截取该文章内的部分文字，如需要获得完整电子版，请下载此文档到您的设备，方便您编辑和打印。 可编辑可修改财 经 原 版 试 题班级 2012 级金融一班 姓名麻 婧 : BThemainprovider(s)(are)::BWhichofthefollowingisacapitalmarketinstrumentasix-monthCDathree- 可编辑可修改C)aten-yearbondD)anagreementfor abanktoloanfundsdirectly panyfor ninemonthsANSWER:C5. Moneymarketsecurities generally have______. Capital ;higherannualizedreturnmoreliquidity;lowerannualizedreturnlessliquidity;lowerannualizedreturnmoreliquidity;higherannualizedreturnANSWER:D6. Therequired returnto implementagivenbusiness projectwill be______ifinterest rates arelower. This implies that businesses will ;lowerlower;greaterlower;lowergreater;greaterANSWER:BIfinterestratesare______,;morelower;morelower; 可编辑可修改ANSWER:B8. Thedemandfor fundsresulting frombusiness investment inshort-term assetsis______relatedtothenumberofprojectsimplemented,;positivelypositively;inverselyinversely;inverselypositively;positivelyANSWER: ofthefollowing will probably notresult inanincrease inthebusinessdemandforloanablefundspresentvalue(NPV)projectsareductionininterestratesonbusinessloansarecessionnoneoftheaboveANSWER: is ponentoftheFederal ReserveSystemmemberbanksmitteemissionBoardofGovernorsANSWER: ofeachFeddistrict bank,______areelected 可编辑可修改0963ANSWER:CWhichofthefollowingisnotanactivityofFeddistrictbanksclearingchecksreplacingoldcurrencyprovidingloanstodepositoryinstitutionsD) acting asanintermediary to match uplenders andborrowers inthecommercialpapermarketANSWER:: ’sBoardofGovernorsA) mercialbanksB) 可编辑可修改arypolicyaandcANSWER: , whichofthefollowing isunderdirect controloftheFederalReserve ’sBoardofGovernorsrevisereserverequirementsfordepositoryinstitutionsauthorizechangesintheamountofborrowingbytheTreasurymonitorthestockmarketforinsidertradingmonitortheoptionsmarketforillegaltradingstrategiesANSWER: AWhichofthefollowingisnotatooltheFedusestoincreaseordecreasethemoneysupplyopenmarketoperationsadjustingthediscountrateadjustingthereserverequirementratioadjustingthefederalfundsrateANSWER:Dthatthereserverequirementratiois12percentandthattheFedusesopenmarketoperations byselling $200million worthofTreasurysecurities. Assumingthatbanksuseallfundsexceptrequiredreservestomakeloansandthatthepublicdoesnotstoreanycash,) increase;$200millionB) increase;$ 可编辑可修改decrease;$200milliondecrease;$billionANSWER:: ;placedownwardpressureonstimulate;placeupwardpressureondampen;placeupwardpressureondampen;placedownwardpressureonANSWER:: BIfaninvestorbuysaT-billwitha90-daymaturityand$50,000parvaluefor$48,500andholdsittomaturity, 可编辑可修改aboutpercentaboutpercentaboutpercentaboutpercentaboutpercentANSWER:-mercialpaperfor$9,900,000. Parvalueis$10,000,000. Whatisthefirm ’scostofborrowingA) percentB) percentC) percentD) percentE) percentANSWER: mercial paperata______price thantheyprojected, ;higherlower;lowerAandBnoneoftheaboveANSWER: ) They typically sell for par value whenthey are initially issued(especiallyT-mercialpaper). (interest): :Cmaturitiesareusually______,;10yearsormore10yearsormore;lessthan10yearslessthan5years;5yearsormore5yearsormore;lessthan5yearsANSWER:: CA(n) 可编辑可修改optioncontractbrokeragecontractfinancialfuturescontractmargincallANSWER::DIfthepricesofTreasurybonds______,;beunaffecteddecrease;beunaffectedAandBdecrease;decreasedecrease;increaseANSWER:-billfuturescontractwithafacevalueof$1millionispurchasedatapriceof$per$100facevalue. Atsettlement,thepriceofT-billsis$. WhatisthedifferencebetweenthesellingandpurchasepriceofthefuturescontractA) $. 可编辑可修改$50$500$5,000noneoftheaboveANSWER:Ifspeculatorsbelieveinterestrateswill_______,theywouldconsider______aT-;sellingincrease;buyingdecrease,sellingdecrease;purchasingacalloptiononANSWER: tothetext, whenafinancial institution sells futures contractsonsecuritiesinorder tohedgeagainstachangeininterestrates,:&P500futurescontractis$500timestheindex. AssumethefuturespriceontheS&P500indexis1612atthetimeofpurchase. Iftheindexpriceis$1619whenthepositionisclosedout,thegainisA) $