九恒星笔试题英文.docxVIP

九恒星笔试题英文

考试时间：______分钟总分：______分姓名：______

SectionA:EnglishLanguageComprehension

1.Accordingtothepassage,whatistheprimaryreasoncitedforthedeclineintraditionallong-termbondyields?

a)Increaseddemandforgovernmentsecurities.

b)Anticipatedfutureinflationrates.

c)Asignificantreductionincentralbankbalancesheets.

d)Improvedeconomicgrowthprospectsglobally.

e)Lowerdefaultriskassociatedwithcorporatebonds.

2.Thetermvolatilitysmileismostcommonlyusedinthecontextof:

a)Measuringportfoliodiversificationbenefits.