金融英語(yǔ)試題及答案

一、單項(xiàng)選擇題（每題2分）1.Whichofthefollowingisconsideredaprimarymarketactivity?A.StockexchangetradingB.Initialpublicoffering(IPO)C.BondredemptionD.MutualfundredemptionAnswer:B2.Whatisthetermforthetotalamountofmoneyowedbyaborrowertoalender?A.EquityB.InterestC.PrincipalD.YieldAnswer:C3.Whichfinancialinstrumentrepresentsownershipinacompany?A.BondB.StockC.CertificateofdepositD.AnnuityAnswer:B4.Whatdoestheterm"liquidity"refertoinfinance?A.TheabilitytogenerateincomeB.TheeasewithwhichanassetcanbeconvertedintocashC.TheamountofdebtacompanyhasD.TherateatwhichtheeconomygrowsAnswer:B5.Whichofthefollowingisameasureofacompany'sprofitability?A.Debt-to-equityratioB.ReturnonassetsC.CurrentratioD.GrossmarginAnswer:B6.Whatisthetermfortheprocessofbuyingandsellingsecuritiestoprovideliquiditytothemarket?A.ArbitrageB.MarketmakingC.HedgingD.SpeculationAnswer:B7.Whichofthefollowingisatypeofriskassociatedwithinvestinginstocks?A.InflationriskB.CreditriskC.MarketriskD.LiquidityriskAnswer:C8.Whatisthetermfortheinterestratechargedbyacentralbankonloanstocommercialbanks?A.FederalfundsrateB.PrimerateC.DiscountrateD.MortgagerateAnswer:C9.Whichfinancialstatementshowsacompany'sfinancialpositionataspecificpointintime?A.IncomestatementB.BalancesheetC.CashflowstatementD.StatementofretainedearningsAnswer:B10.Whatisthetermforthepracticeofdiversifyinginvestmentsacrossvariousassetstoreducerisk?A.LeverageB.HedgingC.DiversificationD.ConcentrationAnswer:C二、多項(xiàng)選擇題（每題2分）1.Whichofthefollowingareexamplesofprimarymarketactivities?A.IPOB.StocksplitC.BondissuanceD.StockbuybackAnswer:A,C2.Whatarethemaincomponentsofacompany'scapitalstructure?A.EquityB.DebtC.PreferredstockD.RetainedearningsAnswer:A,B,C,D3.Whichofthefollowingaretypesoffinancialrisks?A.MarketriskB.CreditriskC.LiquidityriskD.OperationalriskAnswer:A,B,C,D4.Whatarethekeyfinancialratiosusedtoassessacompany'sliquidity?A.CurrentratioB.QuickratioC.Debt-to-equityratioD.CashratioAnswer:A,B,D5.Whichofthefollowingarefunctionsofacentralbank?A.ConductingmonetarypolicyB.RegulatingcommercialbanksC.IssuingcurrencyD.ProvidingfinancialservicestothegovernmentAnswer:A,B,C,D6.Whatarethemaintypesoffinancialmarkets?A.MoneymarketB.CapitalmarketC.ForeignexchangemarketD.DerivativesmarketAnswer:A,B,C,D7.Whichofthefollowingareexamplesofderivativeinstruments?A.FuturescontractsB.OptionsC.SwapsD.BondsAnswer:A,B,C8.Whatarethemaincomponentsofacompany'sincomestatement?A.RevenueB.ExpensesC.NetincomeD.DividendsAnswer:A,B,C9.Whichofthefollowingarefactorsthatcanaffectacompany'sstockprice?A.EarningsreportsB.InterestratesC.EconomicconditionsD.CompanynewsAnswer:A,B,C,D10.Whatarethemaintypesofinvestmentstrategies?A.GrowthinvestingB.ValueinvestingC.IncomeinvestingD.IndexinvestingAnswer:A,B,C,D三、判斷題（每題2分）1.Theprimarymarketiswheresecuritiesareissuedforthefirsttime.Answer:True2.Abondisatypeofequitysecurity.Answer:False3.Liquidityriskreferstotheriskofacompanydefaultingonitsdebts.Answer:False4.Thereturnonassets(ROA)measuresacompany'sprofitability.Answer:True5.Marketmakingprovidesliquiditytothemarketbybuyingandsellingsecurities.Answer:True6.Thediscountrateistheinterestratechargedbycommercialbankstoeachother.Answer:False7.Thebalancesheetshowsacompany'sfinancialperformanceoveraperiodoftime.Answer:False8.Diversificationisastrategytoreduceriskbyinvestinginasingleasset.Answer:False9.TheFederalReserveisthecentralbankoftheUnitedStates.Answer:True10.Financialmarketsareonlyfoundindevelopedcountries.Answer:False四、簡(jiǎn)答題（每題5分）1.Whatisthedifferencebetweenprimaryandsecondarymarkets?Theprimarymarketiswheresecuritiesareissuedforthefirsttimebycompaniesorgovernments.Companiesraisecapitalbysellingnewstocksorbondstoinvestors.Thesecondarymarket,ontheotherhand,iswherealreadyissuedsecuritiesaretradedamonginvestors.Theprimarymarketfocusesontheissuanceofnewsecurities,whilethesecondarymarketprovidesliquidityforexistingsecurities.2.Explaintheconceptofdiversificationininvesting.Diversificationisaninvestmentstrategythatinvolvesspreadinginvestmentsacrossvariousassetstoreducerisk.Byinvestinginavarietyofassetssuchasstocks,bonds,andrealestate,investorscanmitigatetheimpactofpoorperformanceinanysingleinvestment.Diversificationhelpstobalancetheoverallriskandreturnofaninvestmentportfolio.3.Whatarethemainfunctionsofacentralbank?Themainfunctionsofacentralbankincludeconductingmonetarypolicytocontrolinflationandstabilizetheeconomy,regulatingcommercialbankstoensurefinancialstability,issuingcurrency,andprovidingfinancialservicestothegovernment.Centralbanksalsoplayacrucialroleinmaintainingthestabilityofthefinancialsystemandpromotingeconomicgrowth.4.Describethecomponentsofacompany'sincomestatement.Acompany'sincomestatementconsistsofseveralkeycomponents,includingrevenue,expenses,andnetincome.Revenuerepresentsthetotalincomegeneratedfromthesaleofgoodsorservices.Expensesincludethecostsincurredingeneratingrevenue,suchassalaries,rent,andutilities.Netincomeiscalculatedbysubtractingexpensesfromrevenueandrepresentsthecompany'sprofitabilityoveraspecificperiod.五、討論題（每題5分）1.Discusstheimportanceofliquidityinfinancialmarkets.Liquidityiscrucialinfinancialmarketsasitensuresthatinvestorscaneasilybuyandsellsecuritieswithoutsignificantpriceimpact.Highliquidityprovidesinvestorswithconfidence,knowingthattheycanenterorexitpositionsquickly.Italsohelpstostabilizepricesandreducestheriskofmarketdisruptions.Financialinstitutionsandregulatorsoftenworktoenhancemarketliquiditytopromoteefficientandstablemarkets.2.Explaintheroleoffinancialratiosinassessingacompany'sfinancialhealth.Financialratiosareessentialtoolsforassessingacompany'sfinancialhealthandperformance.Theyprovideinsightsintovariousaspectsofacompany'sfinancial狀況,suchasliquidity,solvency,profitability,andefficiency.Ratioslikethecurrentratio,debt-to-equityratio,returnonassets,andgrossmarginhelpinvestorsandcreditorsevaluateacompany'sabilitytomeetitsobligations,generateprofits,andmanageitsassetseffectively.3.Discusstheimpactofinterestratechangesonfinancialmarkets.Interestratechangeshaveasignificantimpactonfinancialmarkets.Whencentralbanksraiseinterestrates,borrowingcostsincrease,whichcanleadtoreducedconsumerspendingandbusinessinvestment.Thiscanslowdowneconomicgrowthandpotentiallyleadtolowerstockprices.Conversely,wheninterestratesarelowered,borrowingbecomescheaper,stimulatingspendingandinvestment,whichcanboosteconomicgrowthandpotentia