Investors in deep and liquid markets face immense risk that they will not be able to sell their securities when they want to.
A．Right
B．Wrong
C．Doesn't say
第1题：
听力原文：Investors can cope with some investment problems by confining their investments to those that involve only modest risk.
(2)
A．Investors can cope with any problems they may meet.
B．Investors can't cope with problems when they meet with difficulty.
C．Investors can cope with some investment problems by confining their investments to those that involve only modest risk.
D．Investors can cope with easy problems.
第2题：
Banks are usually prepared to make long-term loans to investors.
A．Right
B．Wrong
C．Doesn't say
第3题：
当警察实施临时交通管制时，保安的任务是什么?
A.What jobs will the securities do when the police close the traffic temporarily?
B.What career will the securities select when police leave the scene?
C.What roles will the securities play when the police investigate the scene?
D.What specific tasks will the securities shoulder when the police make a written statement?
第4题：
听力原文：Seeking to maximize profits by assuming inappropriately large financial risk can cause investors to lose sleep.
(2)
A．Assuming inappropriately large financial risk can cause investors to lose sleep.
B．Financial risk will not cause investors to lose sleep.
C．Seeking to maximize profits appropriately can cause investors to lose sleep.
D．No matter how much they earn, the investors will lose sleep.
第5题：
Treasury bills are short-term and virtually free of default risk.
A．Right
B．Wrong
C．Doesn't say
第6题：
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．bank
B．financial
C．mathematic
D．securities
第7题：
CDs may be exchanged for money before its maturity date either in money markets or at commercial banks.
A．Right
B．Wrong
C．Doesn't say
第8题：
Danny didn't say anything about the matter to Mrs. Green because______.
A. she had known it
B. the other boys told her
C. he didn't want to be in trouble
D. his mother didn't want him to say it
第9题：
The markets for treasury bills in most developed countries have many different buyers and sellers.
A．Right
B．Wrong
C．Doesn't say
第10题：
听力原文：M: It is reported that in some countries banks are not allowed to make investments in equity securities.
W: Generally commercial banks may invest only in those securities that are rated as "investment grade", or have bond ratings in the top four categories.
Q: Where are banks only allowed to make investments?
(15)
A．In equity securities.
B．In personal funds.
C．In securities rated as investment grade.
D．In property markets.