新整理上海金融英语考试考前冲刺卷.docVIP

上海金融英语考试考前冲刺卷 本卷共分为1大题50小题，作答时间为180分钟，总分100分，60分及格。 严格遵守考试纪律，维护考试秩序！ 一、单项选择题（共50题，每题2分。每题的备选项中，只有一个最符合题意） 1.Price discrimination is most likely an attempt by a monopoly to:（） A. resell a product.B. capture a producer surplus.C. capture a consumer surplus. 参考答案：C [分析] 微观经济学理论中的价格歧视是指以不同的价格销售同一种商品。价格歧视分为以下三种：(1) 一级价格歧视(完全价格歧视)，即垄断厂商在出售商品时，每单位的商品都以不同的价格出售，如图4所示。在一级价格歧视下，消费者剩余全部转化为垄断厂商的收益，从而这种价格歧视将导致市场缺乏效率。(2) 二级价格歧视，即对不同的消费数量段规定不同的价格，如图5所示。在二级价格歧视下，消费者剩余部分地转化为垄断厂商的收益。(3) 三级价格歧视是指垄断厂商对同一种商品在不同的市场或不同的消费者群体制定不同的价格，以使垄断厂商获得更高的利润。三级价格歧视要求在需求的价格弹性小的市场提高商品价格，在需求的价格弹性大的市场上降低商品价格。?由上述内容可知，垄断厂商实施价格歧视策略的最终目标是希望获得消费者剩余，从而达到获得更多利润的目的。 [考点] 价格歧视 ? 2.If 60-day London Interbank Offered Rate (LIBOR) is 6 percent, the interest on a 60-day LIBOR-based Eurodollar deposit of $990000 is: A． A. $10000. B． B. $9900. C． C. $60000. ? 参考答案：B06 × (60/360) × 990000 = $9900. 3.An energy analyst forecasts that the price per barrel of crude oil five years from now will range between $ 75 and $105. Assuming a continuous uniform distribution, the probability that the price will be less than $ 80 five years from now is closest to:（） A. 5.6%.B. 16.7%.C. 44.4%. 参考答案：B [分析] 连续型均匀分布的累积分布函数F(x)的计算公式为：?在本题中， [考点] 连续型均匀分布 4.Financial markets have grown more ______ since exchange rates were freed in 1973. A．weakB．liquidC．voidD．volatile 参考答案：D 5.One of the main advantages to investing in a fund of funds (FOF) is that FOF provide:（） A. lower management fees.B. improved diversification of assets.C. a proven track record. 参考答案：B FOF will actually have higher management fees because the FOF will charge a fee in addition to the fee charged by the hedge fund manager. Hedge funds selected by the FOF may have a good track record, but it is no indication of future performance. FOF actually have lower expected returns because of increased diversification. FOF can diversify across many hedge funds strategies to decrease risk. 6.Consider a 1-year quarterly-pay $1000000 equity swap based on a fixed rate and a