A financial future is a contract to buy or sell certain forms of money at a specified date ______.A．with spot rateB．with forward rateC．at the market priceD．at the price fixed at the time of the deal
A financial future is a contract to buy or sell certain forms of money at a specified date ______.
A．with spot rate
B．with forward rate
C．at the market price
D．at the price fixed at the time of the deal
相关考题：
Which of the following contract types has the highest risk to the contractor:A Firm fixed price (FFP)B Time and material (TM)C Cost plus fixed fee (CPFF)D Cost plus incentive fee (CPIF)E A and B only
In which of the following contract types is it easier to change the scope of the contract:A firm fixed priceB fixed price plus incentive feeC cost plus percentage of costD letter contractE None of the above.
Which of the following is equivalent to a lump sum contract:A fixed price contractB price fixing contractC purchase orderD All of the above.E B and C only
Which of the following types of contracts is equivalent to a cost plus contract:A Fixed firm priceB Cost reimbursableC Fixed price plus incentive feeD progress paymentsE All of the above.
33 In which of the following contract types is it easier to change the scope of the contract:A. firm fixed priceB. fixed price plus incentive feeC. cost plus percentage of costD. letter contractE. None of the above
132 Which of the following contract types has the highest risk to the contractor:A. Firm fixed price (FFP)B. Time and material (TM)C. Cost plus fixed fee (CPFF)D. Cost plus incentive fee (CPIF)E. A and B only
115 In which of the following contract types is it easier to change the scope of the contract:A. firm fixed priceB. fixed price plus incentive feeC. cost plus percentage of costD. letter contractE. None of the above.
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
What will happen if a draft is stamped "accepted" by a bank?A．The bank will sell it as soon as possible to the buyer.B．The draft will become money market funds.C．Dealers will buy it in the domestic market.D．The draft becomes a banker's acceptance and will be sold in the money market.
Apart from borrowing from hanks, a firm or an individual can obtain funds in a financial market in two ways. The most common method is to issue a (61) , such as a bond or a mortgage, which is a (62) by the borrower to pay the holder of it at (63) until a specified date, when a final payment is made. The (64) of it is the time of expiration date. The second method of raising funds is by issuing (65) , such as common stock, which are claims to share in the net income and the assets of a business.(46)A．debt instrumentB．letter of creditC．letter of guaranteeD．certificate of deposit
听力原文：In foreign exchange transactions, a forward purchase is an undertaking to buy a particular amount of foreign currency for delivery and settlement of a future date.(7)A．A forward transaction is done on a future date.B．A forward purchase is to buy foreign currency in future.C．A forward purchase is to buy a foreign currency with settlement on a future date.D．A forward transaction is to buy a foreign currency on future date.
The money market is a dealer market where, over the telephone or through electronic systems, ______.A．a broker receives commission to act as an agentB．the investors are trading on a central trading floorC．firms buy and sell securities in their own accounts, at their own riskD．individual investors can trade on the exchange
If you are a put seller, you have to ______ in order to offset the original deal.A．buy a put at a lower strike price and earlier expirationB．sell a put with the same strike price and expirationC．buy a put with the same strike price and expirationD．sell a put at a higher strike price and earlier expiration
听力原文：Typical foreign exchange transactions involve trades of one currency for another in the spot or cash market, or forward transactions.(3)A．Forward transactions is not of typical foreign exchange transactions.B．Typical foreign exchange transactions occur in the spot or cash market.C．Forward transactions don't occur in the spot or cash market.D．Typical foreign exchange transactions occur only in the spot market.
听力原文：Theoretically, the forward price for a currency can be identical with the spot price. However, it in practice is almost always either higher or lower than the spot price.(6)A．The forward price for a currency is always the same with the spot price.B．The forward price for a currency is always different from the spot price.C．Theoretically, the forward price is almost always either higher or lower than the spot price.D．Theoretically, the forward price for a currency is always the same with the spot price.
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.
听力原文： Currency options may have two kinds of value, intrinsic value and time value. If and to the extent that an option would currently be profitable to exercise, it is said to have intrinsic value. In the case of a call, if the spot price is higher than the option exercise price, the option has intrinsic value. In the case of a put, if the spot price is less than the option exercise price, the option has intrinsic value. Such options are said to bein-the-money'. If the opposite is true of either calls or puts, they have no intrinsic value and said to be out-of-the-money'.28. What are the two kinds of value do currency options have?29.When does a call option have intrinsic value?30.What is the option said to be if it has intrinsic value?(28)A．Intrinsic value and time value.B．Internal value and external value.C．Exchange value and time value.D．Real value and stated value.
The spot rate of French Francs is 9.2950-9.3055; the three-month premium is 5.50-4.70 centimes. What is the rate at which a UK bank would buy French Francs under a three-month fixed forward contract?A．FRF 9.2585B．FRF 9.2400C．FRF 9.2505D．FRF 9.2480
A financial market may be thought of as ordinary market in which traders may buy or sell particular financial commodities.A．RightB．WrongC．Doesn't say
If the market price of the financial instrument concerned should be higher on the delivery date than the price agreed in the financial future contract ______ will make a profit.A．the sellerB．the buyerC．the brokerD．the dealer
The interest rate specified in the bond indenture is called the (). A.market rateB.effective rateC.discount rateD.contract rate
Money market securities are ______.A．essentially issued by governments, financial institutions, and large corporationsB．very liquid and earns high returnC．denominated in small sums so that individual investors can deal in themD．purchased by individual investors directly
The book value of a fixed asset reported on the balance sheet represents its market value on that date.()
In a charter-party，the amount of despatch money payable is often fixed ______.A.at one fourth the demurrage rateB.at one third the demurrage rateC.at half the demurrage rateD.at the demurrage rate
Financial institutions deal with financial assets，assets that promise future payments from financial contracts, such as securities and loans.These institutions also deliver services, relying on their reputations to attract customers for relationships ofte
单选题The passage mainly wants to tell us ______.Ahow to buy or sell sharesBABC of stock marketsCthe stock market is like gamblingDinvesting money in the stock market is not the safest way
问答题Practice 10 The U. S. Dollar is the currency most often used in international trade. If the currency of export sales is different from the currency of the exporting country, for example a Japanese exporter sells in U.S. Dollars, the exporter may encounter exchange risks-risks from fluctuations in exchange rates, for example between the U. S. Dollar and the Japanese Yen. In case of the Yen appreciation at the time of converting the U.S. Dollar to the Yen, the exporter will get less Yen per U.S. Dollar. Conversely, in case of the Yen devaluation the exporter will get more Yen per U.S. Dollar. Hence, in time of currency appreciation in the exporting country, it is important that the exporter ships the goods earlier, unless an earliest date for shipment is stipulated in the L/C or has been agreed upon between exporter and importer, and present the negotiating documents to the bank immediately. The exporter may contract with the bank to sell the U.S. Dollar forward in a so-called forward exchange, at a predetermined rate on an agreed future date, thus he/she will not be affected by the currency appreciation and will receive a fixed amount in his/her own currency at a future date.