国际金融英文选读样卷.doc

国际金融英文选读样卷L Term Translation (5、)(Translate the following financial terms into Chinese. 0.5s for item, 10、in total)l.IPO 3. dividends 5. initial margin 7. cash settlement 2. creditor 4. subordinate debentures 6. limit down 10. in-the-money II. True or False (10、)(Judge the following state me nt to be true or false according to what you learned in financial English. In case of true statement, mark under the corresponding figure under the table; in case of false Statement, mark “F" under the corresponding figure under the table. 1、for each item, 10x in total)No.12345678910T/F1 • After 1999, commercial banks and investment banks can be integrated in the United States.2. Dem under (Buyers) in financial marketplace include individuals, families, companies and governments (who are in need of money);3・ Suppliers (Sellers) in financial marketplace include people or organizations who have surplus money to their current needs and are willing to make it available to those who need it.4・ A money supplier in the monetary market can always get as much as he expects・III. Multiple choices (40、)(In each item, there are four choices, choose the only one right choice and write the 得、 choice letter under the corresponding item figure in the following table・ 2、for each | item, and 40、in total)No.12345678910ChoiceNo.11121314151617181920Choice1 • Which of the following is not in the business scope of a investment bank? ( ) CA. underwriting issuance of securitiesB・ involved in mergers and acquisitionsC・ taking depositsD. provide ancillary services such as market making, trading of derivatives, fixed income instruments2. The 2008 financial credit crisis led to the notable collapse of several banks, not including ( )BA. Lehman Brothers B. Goldman SachsC. Merrill Lynch D. Bear Stearns3. The , also called aftermarket, is the financial market in which previouslyissued financial instruments such as stock, bonds, options, and futures are bought and sold. ()BA. secondary marketB. second-hand marketC・ primary market D・ the third market4・ A 4 year T-Note issued at par has a yield to maturity of 8%, with payment of interest twice ayear. The present discount Value of this bond is ( ) C4 4 4A.104B.PDV ~ (1 + 0.08) + (1 + 0.08)2 + (1 + 0.08)3 + (1 + 0.08)44 4 4 4PDV - (1 + 0.08) * (1 + 0.08)2 +(i + o 08)3 +(i + o o8)4C.PDV - (1 + 0.04) * (1 + 0.04)24+ (1 + 0.04)34+ (l + 0.04)44 4 4 104(1 + 0.04)5 +(i + oo4)6 +(i + oo4)7 +(i + o.O4)8D.PDV - (1 + 0.08) * (1 + 0.08)24 4+ (1 + 0.08尸 + (1 + 0.08)44 4 4 104(1 + 0.08)5 + (1 + 0.08)6 + (1 + 0.08)7 + (1 + 0.08/5. the margin ration of copper in Shanghai Future Exchange is 15%, and the leverage is ( )BA. 10B. 100/15C. 15/100D. 156・ Which of the following statement is strong-from efficient-market hypothesis? ( ) DA. Infoirnalion of past prices is already incorporated into price・B. Market prices incorporate all public information.C・ The expected return on the security will equal the optimal forecast of the returnD. All information, whether public or not, is incorporated into price・IV. Problem solution (20、)(Read the following situation and find a solution with a financial instrument for the people in trouble. 20、in total)Great Sweet Company is a sugar manufacturer, who makes sugar from sugar canes(甘蔗)• It is May 1, 2013. The price of sugar cane on this day is RMB 5 yuan/ kilo, and The company expect the price at harvest date will be the same, however, the price of sugar in the spot market is rising, and it is probably that the purchasing price for sugar can will be over 5 yuan. In that case, The company will have to pay more money for sugar cane, which may cause a great loss.(1) In order to hedging his raw material (sugar canes) against low prices, Thecompany enter into a forward contract with a farmer, Wang Jian, who is very good at producing sugar cane, with a stable production of 100 tons every yea匚 The contract price is 5 Yuan per kilogram. The transaction of goods will be on October 1,2013, on which date the delivery and payment will be made. Payment shall be in cash or check, draft or banker^ acceptance is not acceptable.Fill in the blanks in the main content of the forward contract, (where XXXXX indicate this item is omitted) (2、for each blank, 16、in total)Forward Sales Contract(the main content)Postal Code： XXXXXFax： XXXXXPostal Code： XXXXXFax：Contract No： FWC2013001 Date : April 1,2013 Signed at： XXXXX Sellers： ①Address： XXXXXTel： 13456789876Buyers： ②Address： XXXXXTel： 13556789876The sellers agrees to sell and the buyer agrees to buy the undermentioned goods on the terms and conditions stated below.1. Description & Specification: ® , grade I3 Quantity: 100 metric tons4.。