According to the passage, preferred stockholders are guaranteed ______.A．a voting rate per shareB．a promise to buy back the stocks made by the companyC．a withdrawal of investment principal in time of liquidationD．a fixed dividend receipt
According to the passage, preferred stockholders are guaranteed ______.
A．a voting rate per share
B．a promise to buy back the stocks made by the company
C．a withdrawal of investment principal in time of liquidation
D．a fixed dividend receipt
相关考题：
The declaration of a stock dividend decreases a corporation's stockholders' equity and increases its liabilities.() 此题为判断题(对，错)。
According to the passage, the ancestors of the Potter family most probably _______.A. owned or drove a cartB. made things with metalsC. made kitchen tools or containsD. built houses and furniture
According to the passage, the group with the highest AIDS rate is_________ .A． the white AmericansB． African-American menC． the American womenD． the black American women
(c) Discuss the reasons why the net present value investment appraisal method is preferred to other investmentappraisal methods such as payback, return on capital employed and internal rate of return. (9 marks)
(ii) Briefly discuss TWO factors which could reduce the rate of return earned by the investment as per theresults in part (a). (4 marks)
A derivative is a security which "derives" its value from another underlying (61) instrument, index, or other investment. Derivatives are available based on the performance of stocks, interest rates, currency exchange rates, as well as (62) contracts and various indexes. Derivatives give the buyer greater leverage for a (63) cost than purchasing the actual underlying instrument to achieve the same position. For this reason, when used properly, they can serve to "hedge" a (64) of securities against losses. However, because derivatives have a date of (65) , the level of risk is greatly increased in relation to their term. One of the simplest forms of a derivative is a stock option. A stock option gives the holder the right to buy or sell the underlying stock at a fixed price for a specified period of time.(46)A．bankB．financialC．mathematicD．securities
The preferred stockholders are deemed to have the priority ______.A．to receive dividend paymentB．to elect board of directorsC．to vote on corporate policyD．all of the above
短文理解听力原文： Spot transaction means the actual and variable amount of the currency of one country which at any given time, can be bought for a fixed sum in the currency of another country. It is a term meaning that these transactions are settled on the second working day from the date of the deal. For example, you buy $ 5,000.00 US dollars on October 10th( say Wednesday) , the purchased US dollars will value on October 12th.21. What does spot transaction mean?22.When are the spot transaction settled?23.What's the value date for purchase of $ 5,000.00 US dollars in the passage?(21)A．It means that at any time you can buy currency of one country for another currency.B．It means that the actual and variable amount of one currency can be bought for a fixed sum in another currency at any given time.C．It means that any kind of currency can be bought at any time for another currency.D．It means that the actual and fixed amount of the currency of one country at any time can be bought for a variable sum in the currency of another currency.
According to the passage, underwriting simply means ______.A．that the investor promises to buy the securitiesB．that the investment banker promises to sell the securitiesC．that the investment banker promises to buy the securitiesD．that the investor promises to sell the securities
According to the passage, stock in general is probably referred to as ______.A．common stockB．preferred stockC．voting stockD．non-voting stock
There have been changes in all sorts of different areas of British society.In recent years in the UK we have had a very large increase in the number of couples who get divorcedAfter 1969 and the Divorce Law Reform. Act we had a very rapid increase in the number of divorces.The rate increased steadily and in recent years has increased much more rapidly.But thereare also quite a lot of people who do actually get married.At present the marriage rate in the UK is about 70 per cent, which has gone down since the number of people who marry has gone down qui te a lot in the last 20 years, but more significantly in the last 10 years.Quite high proportions of people now live together without marrying, and, for example, 40 per cent of children born in the UK are born to couples who arent marriedor are born to lone parents.There are quite a large number of lone parent families, 90 per cent of these are headed by a woman rather than a manThe average family size now in the UK is 1.8 children per couple, whichMeans that there’s been quite a decline in the birth rate in the UK along with other European countries.21.What does the passage mainly discuss?()A.The declining divorce rate in the UK.B.Trends in marriage and divorce in the UK.C.The increasing divorce rate in the UK.22.During the last ten years,（）A.the marriage rate has gone down more rapidly in the UKB.the marriage rate has gone up a lot in the UKC.40% of children were born to unwed couples in the UK23.According to the passage, the cohabitation rate in the UK tends to ___A.declineB.soarC.stay stable24.According to the passage, which of the following statements is NOT true?A.The highest divorce rate was around 1969.B.The marriage rate has gone down in recent years.C.The marriage rate is currently 70 percent.25.The last paragraph tells us（）A.the birth rate in the UK is increasing at the momentB.the birth rate in other European countries keeps increasingC.the birth rate in the UK is decreasing rapidly now
听力原文：M: The rate on a personal loan is fixed according to the base rate at the time when the loan is made.W: But it is always higher than the base rate, isn't it?Q: What is determined when a personal loan is made?(14)A．Rate on the personal loan.B．Base rate of the bank.C．The amount of payment.D．Personal loan's time period.
According to the passage, which of the following statements is correct?A．A "revocable credit" may be cancelled at any time.B．The credits are usually in favor of the exporter.C．An "irrevocable credit" may not be amended.D．The credits are usually in favor of the importer.
PV Co is evaluating an investment proposal to manufacture Product W33, which has performed well in test marketing trials conducted recently by the company’s research and development division. The following information relating to this investment proposal has now been prepared.Initial investment $2 millionSelling price (current price terms) $20 per unitExpected selling price inflation 3% per yearVariable operating costs (current price terms) $8 per unitFixed operating costs (current price terms) $170,000 per yearExpected operating cost inflation 4% per yearThe research and development division has prepared the following demand forecast as a result of its test marketing trials. The forecast reflects expected technological change and its effect on the anticipated life-cycle of Product W33.It is expected that all units of Product W33 produced will be sold, in line with the company’s policy of keeping no inventory of finished goods. No terminal value or machinery scrap value is expected at the end of four years, when production of Product W33 is planned to end. For investment appraisal purposes, PV Co uses a nominal (money) discount rate of 10% per year and a target return on capital employed of 30% per year. Ignore taxation.Required:(a) Identify and explain the key stages in the capital investment decision-making process, and the role ofinvestment appraisal in this process. (7 marks)(b) Calculate the following values for the investment proposal:(i) net present value;(ii) internal rate of return;(iii) return on capital employed (accounting rate of return) based on average investment; and(iv) discounted payback period. (13 marks)(c) Discuss your findings in each section of (b) above and advise whether the investment proposal is financially acceptable. (5 marks)
Reading ComprehensionDirections:There are two passages in this part． Each passage js followed by some questionsor unfinished statements． For each of them there are four choices marked A,B,C and D． Youshould decide on the best choice．Questions 56 - 60 are based on Passage One:Passage OneHow should one invest a sum of money in these days of inflation (通货膨胀) ? Left in a bank it will hardly keep its value, however high the interest rate is．Only a brave man, or a very rich one, dares to buy and sell on the Stock Market．Today it seems that one of the best ways to protect your savings, and even increase your wealth is to buy beautiful objects from the past．Here I am going to offer some advice on collecting antique clocks, which I personally consider are among the most interesting of antiques．I sometimes woncler wl:cat a being from another planet might report back about our wayof life． “The planet Earth is ruled by a mysterious creature that sits or stands in a room and makes a strange ticking sound． It has a face with twelve black marks and two hands． Men can do nothing without its permission, and it fastens its young round people's wrists so that everywhere men go they are still under its control．This creature is the real master of Earth and men are its slaves． ”Whether or not we are slaves of time today depends on our culture and personality, but it is believed that many years ago kings kept special slaves to tell the time． Certain men were very clever at measuring the time of day according to the beating of their own hearts． They were made to stand in a fixed place and every hour or so would shout the time． So it seems that the first clocks were human beings．However, men quickly found more convenient and reliable ways of telling the time．They learned to use the shadows cast by the sun．They marked the hours on candles, used sand in hour-glasses, and invented water-clocks．Indeed, any serious student of antiques should spend as much time as possible visiting palaces, stately homes and museums to see some of the finest examples of clocks from the past．Antique clocks could be very expensive, but one of the joys of collecting clocks is that it is still possible to find quite cheap ones for your own home． After all, if you are going to be ruled by the time, why not invest in air antique clock and perhaps make a future profit?According to the passage, collecting antique clocks ( )．A． can hardly keep the value of your savingsB． will cost much of your moneyC． may increase your wealthD． needs your bravery
Investment TipsBy Scott RussellInvesting in stocks that are less than $5 per share is a good way to boost your stock portfolio. Many big investors ignore these stocks because of the potential risks involved, however, these stocks often grow significantly over the course of time. Investing in inexpensive stocks is a wise move, provided that you hold on to them for at least one year to allow enough time for them to develop.Four stocks that I suggest for less than $5 per share are High Standard Pharmaceuticals Company, Nova Oil, Inc., Direct Access Publishing Group, and Peak Media Holdings. If you are new to the market, you might want to try investing in them through an online brokerage firm that does not charge a high commission for their services, and remember: only invest up to five percent of your entire stock portfolio in any stock, including these.------------------------------------------------------------------------------------------------------------------------------Quick Stock Quotes -- Thursday April 22 -- 2:40 P.M.(Quotes delayed by 20 minutes)Nova Oil, Inc. (NOI)3.93 +0.08 +2.08%Previous Close 3.85Open 3.87High 3.94Low 3.79Volume 864,300Bid 3.91Bid Size 600Ask 3.97Ask Size 3,30052 Week range 1.64-8.90What type of stocks is the article about?A. Oil company stocksB. Inexpensive stocksC. Pharmaceutical stocksD. Stocks from new companies
Investment TipsBy Scott RussellInvesting in stocks that are less than $5 per share is a good way to boost your stock portfolio. Many big investors ignore these stocks because of the potential risks involved, however, these stocks often grow significantly over the course of time. Investing in inexpensive stocks is a wise move, provided that you hold on to them for at least one year to allow enough time for them to develop.Four stocks that I suggest for less than $5 per share are High Standard Pharmaceuticals Company, Nova Oil, Inc., Direct Access Publishing Group, and Peak Media Holdings. If you are new to the market, you might want to try investing in them through an online brokerage firm that does not charge a high commission for their services, and remember: only invest up to five percent of your entire stock portfolio in any stock, including these.------------------------------------------------------------------------------------------------------------------------------Quick Stock Quotes -- Thursday April 22 -- 2:40 P.M.(Quotes delayed by 20 minutes)Nova Oil, Inc. (NOI)3.93 +0.08 +2.08%Previous Close 3.85Open 3.87High 3.94Low 3.79Volume 864,300Bid 3.91Bid Size 600Ask 3.97Ask Size 3,30052 Week range 1.64-8.90 At what price did the company's stock close on the previous day?A. $3.79 per shareB. $3.85 per shareC. $3.91 per shareD. $3.93 per share
Investment TipsBy Scott RussellInvesting in stocks that are less than $5 per share is a good way to boost your stock portfolio. Many big investors ignore these stocks because of the potential risks involved, however, these stocks often grow significantly over the course of time. Investing in inexpensive stocks is a wise move, provided that you hold on to them for at least one year to allow enough time for them to develop.Four stocks that I suggest for less than $5 per share are High Standard Pharmaceuticals Company, Nova Oil, Inc., Direct Access Publishing Group, and Peak Media Holdings. If you are new to the market, you might want to try investing in them through an online brokerage firm that does not charge a high commission for their services, and remember: only invest up to five percent of your entire stock portfolio in any stock, including these.------------------------------------------------------------------------------------------------------------------------------Quick Stock Quotes -- Thursday April 22 -- 2:40 P.M.(Quotes delayed by 20 minutes)Nova Oil, Inc. (NOI)3.93 +0.08 +2.08%Previous Close 3.85Open 3.87High 3.94Low 3.79Volume 864,300Bid 3.91Bid Size 600Ask 3.97Ask Size 3,30052 Week range 1.64-8.90What investment strategy does Mr. Russell NOT suggest in the article? A. Investing in more than one stock at onceB. Investing through an online brokerage firmC. Investing in the stock for at least one yearD. Investing up to five percent of a stock portfolio.
In 2007,M Corporation paid dividends totaling$3 million on net income of$15 million. 2007 was a normal year,and for the past five years,earnings have grown at a constant rate of 10 percent. However,earnings are expected to jump to$18 million in 2008,and the firm expects to have$12 million investment opportunities in 2009. It is predicted that M will not be able to maintain the 2008 level of earnings growth in the future——the high 2008 earnings level is attributable to an exceptionally profitable new product line introduced in that year—and the company will return to its previous 10 percent growth rate. M's target debt ratio is 40 percent in 2007,which will be continued in the future.Requirment：Calculate M's expected dividends for 2008 if it follows each of the following policies: A.Its 2008 dividend payment is set to make dividends grow at the long-run growth rate in earnings.B.It continues the 2007 dividend payout ratio.C.It uses a residual policy with all distributions in the form of dividends.D.It employs a regular-dividend-plus-extras policy, with the regular dividend being based on the long-run growth rate and the extra dividend being set according to the residual policy (Indicate the regular dividend and the extra dividend separately).
Retransmission time can be made（75） by basing it on the round-trip time （RTT）. Several formulas are used for this purpose. A.long B.short C.fixed D.dynamic
单选题According to the passage, if you have a fixed idea in mind that people will mistreat you,you will always find it______.Ato be wrongBto be soCto be disappointingDto be pleasing
单选题According to the passage, dealers are different from brokers in thatAdealers neither buy nor sell securities themselves.Bbrokers neither buy nor sell securities themselves.Call of the above.
单选题A group of hikers is planning a trip that will take them up a mountain using one route and back down using another route. They plan to travel down the mountain at a rate of one and a half times the rate they will use on the way up, but the time each route will take is the same. If they will go up the mountain at a rate of 4 miles per day and it will take them two days, how many miles long is the route down the mountain?A4B6C8D12E16
判断题Brokers are those people, according to the passage, who buy or sell business shares for others.A对B错
单选题According to the passage, the income gap between rich and poor could widen again as ______.Athe unemployment rate is loweredBthe increase of benefits is independent of price increaseCthe income tax rate is increasingDthe increase of benefits is only based on prices
单选题According to the passage, the British Library ______.Ais going to buy back Rushdie’s personal archive from Amory UniversityBopposes the American universities’ acquisition of archives from British literary peopleChas discussed with Salman Rushdie about the acquisition of his personal archiveDhas expressed much concern over foreign buyers’ acquisition of Britain’s literary heritage
单选题According to the passage employees should be paid _____.Amonthly in cashBweekly by bankCregularly by checkDproperly in time