公司理财精要第十八章题库.doc

Chapter 18 International Aspects of Financial Management ? Multiple Choice Questions? 1.?An American Depositary Receipt is defined as a security:?A.?that has been deposited in an interest-bearing account at a U.S. bank.B.?issued outside of the U.S. that represents shares of a U.S. stock.C.?issued in the U.S. which represents shares of a foreign stock.D.?that has a guarantee of payment from a U.S. bank.E.?issued in multiple countries but denominated in U.S. currency. ? 2.?You are given the exchange rate between the U.S. dollar and the Canadian dollar. You are also given the exchange rate between the U.S. dollar and the Mexican peso. What is the name given to the Canadian dollar per Mexican peso exchange rate derived from the information that was provided??A.?Swap rateB.?Depositary rateC.?Forward rateD.?London Interbank rateE.?Cross-rate ? 3.?Eurobonds are best defined as international bonds issued in _____ and denominated in _____.?A.?a single country; multiple currenciesB.?a single country; a single currencyC.?multiple countries; multiple currenciesD.?multiple countries; a single currencyE.?euroland; euros ? 4.?Which one of the following is the best definition of Eurocurrency??A.?Any paper money used by a country that has adopted the euro as its common currencyB.?Money deposited in a financial institution outside of the country whose currency is involvedC.?Both paper and coins officially adopted under the euro system of coinageD.?U.S. dollars owned by any country which has adopted the euro as its currencyE.?Any exchange of funds between two countries that have adopted the euro as their official currency ? 5.?Which one of the following terms is used to describe international bonds issued in a single country and generally denominated in that countrys currency??A.?EurobondsB.?American Depositary ReceiptsC.?Foreign bondsD.?SwapsE.?Gilts ? 6.?Which one of the following is the rate that most international banks charge when they loan Eurodollar