The spot rate of French Francs is 9.2950-9.3055; the three-month premium is 5.50-4.70 centimes. What is the rate at which a UK bank would buy French Francs under a three-month fixed forward contract?A．FRF 9.2585B．FRF 9.2400C．FRF 9.2505D．FRF 9.2480

听力原文：M: What margins will the lending bank charge?

W: Margins mainly depend on these factors: evaluation of credit risk, maturity of credit, and the starting point from which onwards the rate of interest shall be firm.

Q: How many factors do margins charged by the lending bank mainly depend on?

(12)

A．Four.

B．Two.

C．Three.

D．Five.

Customers trading abroad in foreign currencies may protect against the exchange risk by arranging ______.

A．a contract of international sale of goods

B．a contract of marine insurance

C．a forward contract to fix the exchange rate in advance

D．contract for the delivery of goods by installments

单句理解

听力原文：Interest rate risk refers to the exposure of a bank's financial condition to adverse movements in interest rates.

(1)

A．Bank's financial condition is the cause of interest rate risk.

B．Bank's financial condition has impact on interest rate risk.

C．Interest rate risk occurs when interest rate moves against the bank's financial condition.

D．Interest rate risk occurs when interest rate favours the bank's financial condition.

A financial future is a contract to buy or sell certain forms of money at a specified date ______.

A．with spot rate

B．with forward rate

C．at the market price

D．at the price fixed at the time of the deal

There have been changes in all sorts of different areas of British society.In recent years in the UK we have had a very large increase in the number of couples who get divorced

After 1969 and the Divorce Law Reform. Act we had a very rapid increase in the number of divorces.The rate increased steadily and in recent years has increased much more rapidly.But there are also quite a lot of people who do actually get married.At present the marriage rate in the UK is about 70 per cent, which has gone down since the number of people who marry has gone down qui te a lot in the last 20 years, but more significantly in the last 10 years.Quite high proportions of people now live together without marrying, and, for example, 40 per cent of children born in the UK are born to couples who aren't married or are born to lone parents.There are quite a large number of lone parent families, 90 per cent of these are headed by a woman rather than a man

The average family size now in the UK is 1.8 children per couple, which

Means that there’s been quite a decline in the birth rate in the UK along with other European countries.

21.What does the passage mainly discuss?()

A.The declining divorce rate in the UK.

B.Trends in marriage and divorce in the UK.

C.The increasing divorce rate in the UK.

22.During the last ten years,（）

A.the marriage rate has gone down more rapidly in the UK

B.the marriage rate has gone up a lot in the UK

C.40% of children were born to unwed couples in the UK

23.According to the passage, the cohabitation rate in the UK tends to ___

A.decline

B.soar

C.stay stable

24.According to the passage, which of the following statements is NOT true?

A.The highest divorce rate was around 1969.

B.The marriage rate has gone down in recent years.

C.The marriage rate is currently 70 percent.

25.The last paragraph tells us（）

A.the birth rate in the UK is increasing at the moment

B.the birth rate in other European countries keeps increasing

C.the birth rate in the UK is decreasing rapidly now

听力原文：W: Well, yes. What about interests on those accounts? I'm interested in fixed time deposits accounts.

M: There are three kinds of fixed deposits, Madame. They are three-month, six-month and twelve-month deposits. The interest on a three-month deposit is 4.5% per annum, on six month 5%, on twelve month 5.5%.

Q: What is the interest rate on a six month deposit?

(12)

A．4%.

B．4.5%.

C．5%.

D．5.5%.

The bank (56) borrowers enough interest to pay the expense of the bank and have something left over for (57) . The interest cannot be higher than the legal rate, which is established by state law and in most states is 6% per year. (58) big loans, the interest rate is much less, even as low as 2%. The rate depends on the money market, when there is plenty of money (59) to be borrowed, banks charge low rates of interest. A savings bank may pay its depositors 2% and lend the money at 3.5% or 4%. But when money is tight, interest rates go up, and a savings bank may try to (60) depositors by offering 4% or 4.5% or even more and lending the money at 5% or 6%.

(41)

A．receives

B．gets

C．charges

D．pays

A. one-rate rate limiters

B. two-rate rate limiters

C. two-rate rate limiters is the default

D. one-rate rate limiters is the default

E. there is no default it must be configured

对话理解

听力原文：W: When I want to borrow money from a hank, what should I do?

M: You should create a contract with the bank, stipulating the rate of interest, the repayment date, the amount and timing of any periodic cash interest payments, and other terms of the agreement.

Q: Which is not mentioned when creating a contract with the bank?

(11)

A．Stipulating the rate of interest.

B．Stipulating the repayment date.

C．Stipulating the amount and timing of any periodic cash interest payments.

D．Stipulating the financial sponsor.

In the foreign exchange market, which is made up of banks' traders and brokers, prices (61) every minute (62) to supply and demand. For safety's sake, a branch will get a rate from their traders for a big transaction. Therefore the traders give their branches lists of exchange rates (63) they may buy and sell notes and payments in the main currencies.

Whenever a bank in Britain makes a payment in foreign currency, or makes a payment in sterling to a non-resident, the payment has first to (64) under British exchange control regulations. The bank itself can usually authorize the payment after seeing a document such as an invoice to show that the payment is due; but cases (65) borrowing and lending have to be referred to the Bank of England.

(46)

A．alter

B．vary

C．turn

D．convert

对话理解

听力原文：W: What kind of monetary policy instruments may your bank use?

M: They include adjusting the base interest rate, regulating rediscounting and open market operations.

Q: Which of the following wasn't mentioned by the man as a monetary policy?

(11)

A．The minimum deposit reserve.

B．Adjusting the base interest rate.

C．Regulating rediscounting.

D．Open market operations.

According to the passage, preferred stockholders are guaranteed ______.

A．a voting rate per share

B．a promise to buy back the stocks made by the company

C．a withdrawal of investment principal in time of liquidation

D．a fixed dividend receipt

A.market rate

B.effective rate

C.discount rate

D.contract rate

听力原文：M: The rate on a personal loan is fixed according to the base rate at the time when the loan is made.

W: But it is always higher than the base rate, isn't it?

Q: What is determined when a personal loan is made?

(14)

A．Rate on the personal loan.

B．Base rate of the bank.

C．The amount of payment.

D．Personal loan's time period.

Bonds are sold at face value when the contract rate is equal to the market rate of interest.()