Viney Financial instruments,institutions and markets testbank 题库

1、膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆

2、肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃

3、袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈

4、肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂

5、羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆

6、膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁

7、羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅

8、袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿

9、肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆

10、袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀

11、膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅

12、羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿

13、袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃

14、肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇

15、袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄

16、膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿

17、羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃

18、蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇

19、肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁

20、袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆

21、膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃

22、罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇

23、螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁

24、肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅

25、袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀

26、膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿螃蝿荿蒂薆膇莈薄袁肃莇蚆蚄罿莆莆衿袅莆蒈蚂膄蒅薀袈肀蒄蚃蚁羆蒃莂袆袂聿薅虿袈聿蚇羄膇肈莇螇肃肇葿羃罿肆薁螅袅膅蚄薈膃膄莃螄聿膄蒆薆肅膃蚈螂羁膂莈蚅袇膁蒀袀膆膀薂蚃肂腿蚄衿羈芈莄蚁袄芈蒆袇螀芇蕿蚀膈芆莈袅肄芅蒁螈羀芄薃羃袆芃蚅螆膅节莅蕿肁莂蒇螅羇莁薀薇袃莀艿 viney financ

27、ial instruments,institutions and markets testbank 题库chapter 01 a modern financial system: an overview 1: the exchange of goods and services is made more efficient by: a: barterb*: moneyc: governmentsd: some combination of government transfer and barter 2: a nation state that has only a barter system

28、 has high transaction costs because:a: the difficulties of trade result in high legal costs because of the contracts required b*: traders must spend quite a bit of time looking for trading partnersc: taxes under this system consume a large amount of outputd: the difficulties of trade require high in

29、surance premiums 3: the term medium of exchange for money refers to its use as: a: coinageb: currencyc*: anything that is widely accepted as payment for goods and servicesd: any standard of value that prices can be expressed in 4: the role of money as a store of value refers to: a: the value of mone

30、y falling only when the money supply fallsb: the value of money falling only when the money supply increasesc*: the fact that money allows worth to be stored readilyd: the fact that money never loses its value compared with other assets 5: money increases economic growth by assisting transfers from:

31、 a: consumers to investorsb*: savers to borrowersc: businesses to consumersd: borrowers to investors 6: financial markets have developed to facilitate the exchange of money between savers and borrowers. which of the following is not a function of money?a: a store of valueb: a medium of exchange for

32、settling economic transactionsc*: a claim to future cash flowsd: short-term protection against inflation 7: buyers of financial claims lend their excess funds as they: a: expect to borrow extra funds in the futureb*: want surplus funds in the futurec: want to invest in the futured: want to increase

33、their costs relative to their incomes 8: sellers of financial claims promise to pay back borrowed funds: a: by borrowing extra funds in the futureb*: based on their expectation of having surplus funds in the futurec: by selling other assetsd: by reducing their costs relative to their incomes 9: a sa

34、vings-surplus unit is one: a: that needs to borrow funds from a surplus unitb*: whose income exceeds its spendingc: whose spending exceeds its incomed: that generally is a company 10: the process of facilitating the flow of funds between borrowers and lenders performed by the financial system: a: is

35、 hindered by the problem of double coincidence of wantsb: greatly reduces the probability of inflationc*: increases the rate of economic growth of a countryd: occurs only through financial intermediaries 11: both real and financial assets have four principal attributes that are significant factors i

36、n the investment decision process. these are: i. liquidityii. capital gainiii. riskiv. return or yieldv. time pattern of future cash flowsvi. price and cash flow volatility a: i, ii, iii, ivb*: i, iii, iv, vc: i, iii, iv, vid: ii, iii, iv, v 12: all of the following are associated with characteristi

37、cs of shares except:a: part ownership of a companyb: capital gainsc*: a fixed interest paymentd: dividends 13: a financial institution that obtains most of its funds from deposits is: a: an investment bankb: a unit trustc*: a commercial bankd: a general insurer level: 2 question 14: institutions tha

38、t specialise in off-balance sheet advisory services are called: a: depository financial institutionsb: contractual institutionsc: finance companiesd*: investment banks level: 2 question 15: a _ is a financial intermediary that receives premium payments that are used to purchase assets to cover futur

39、e possible payments. a: building societyb: credit unionc: savings bankd*: life insurance office level: 2 question 16: financial institutions, whose liabilities specify that, in return for the payment of periodic funds to the institution, the institution will make payments in the future, if and when

40、a specified event occurs, are: a: money market corporationsb: unit trustsc*: contractual savings institutionsd: depository financial institutions level: 3 question 17: financial institutions that raise the majority of their funds by selling securities in the money markets are: a: commercial banksb:

41、building societiesc*: finance companiesd: life insurance offices level: 2 question 18: all of the following are terms associated with shares except:a: residualb: ownershipc: voting rightsd*: contractual claim level: 2 question 19: all of the following are characteristics commonly associated with pre

42、ference shares except: a: a specified, fixed returnb: no voting rightsc*: higher ranking than bondholders on claims on assetsd: no entitlement to take possession of assets if the borrower defaults on paymentlevel: 2 question 20: long-term debt financing instruments used by companies are called:a: bi

43、llsb*: debenturesc: sharesd: equities level: 2 question 21: all of the following are associated with features of debt instruments except: a: contractual claim against the borrowerb: periodic interest paymentsc: higher claim on assets of borrower than equity holdersd*: do not fluctuate in price like

44、shares level: 3 question 22: the following are features of futures contracts except:a: they involve an obligation to buy or sell a specified amountb*: the contract price is settled at the end of the contractc: trading of contracts occurs on an exchanged: trading an opposite contract usually closes o

45、ut the contract level: 3 question 23: all of the following are features of forward contracts except:a: they are not standardisedb: they do not trade on organised exchangesc: the contract price may be settled at the end of the contractd*: they are closed out by trading an opposite contract level: 3 q

46、uestion 24: all of the following are features of option contracts except when:a: the buyer does not have the obligation to proceed with the contract b: the writer of the contract receives a feec: the price of the designated asset is determined at the beginning of the contract d*: the right to buy is

47、 called a put option level: 3 question 25: all of the following are features of swaps except when:a: there is a contractual arrangement to exchange cash flowsb*: interest rate swaps exchange principal at the beginning and the end c: a fixed rate obligation may be exchanged for a variable rate obliga

48、tion d: a swap involves currencies as well level: 3 question 26: the key reason for the existence of markets of financial assets is:a*: that holders of shares occasionally want to exchange them for bonds and other financial instrumentsb: the high expenditure for many individuals and businessesc: tha

49、t the lack of money in an economy makes trade in financial assets necessary d: the refusal of most modern governments to print money on demand level: 2 question 27: financial markets: a: facilitate the exchanges of financial assetsb: provide information about prices of financial assetsc: provide a c

50、hannel for funds to flow between the providers and users of funds d*: all of the above. level: 2 question 28: the most important function of a financial market is: a: to provide information about sharesb: to provide a market for sharesc*: to facilitate the flow of funds between lenders and borrowers

51、d: to provide employment for brokers and agents level: 2 question 29: financial markets: a: act as intermediaries by holding a collection of assets and issuing claims based on them to saversb*: issue claims on future cash flows of individual borrowers directly to lenders c: transmit funds indirectly

52、 between lenders and borrowersd: usually provide lenders with lower returns than other financial intermediarieslevel: 4 question 30: a primary financial market is: a: one that offers financial assets with the highest expected returnb: one that offers the greatest number of financial assetsc*: one th

53、at involves the sale of financial assets for the first timed: one that offers financial assets with the highest historical return level: 2 question 31: purchasing unsecured notes on the australian stock exchange is an example of: a: a primary market transactionb*: a secondary market transactionc: co

54、mpanies raising new financed: companies raising finance from another financial intermediary level: 3 question 32: when a security is sold in the financial markets for the first time, then:a: funds flow from the borrower to the saverb*: funds flow to the issuer from the saverc: it represents a second

55、ary transaction to the underwriterd: it is an asset for the borrower level: 3 question 33: all of the following are examples of primary market transactions except: a: a company issue of shares to raise funds for an investment projectb: a government issue of bondsc*: a mortgage bondd: a mortgage loan

56、 to buy a house level: 3 question 34: a primary market is a market: a: for equity by major or primary companiesb*: where borrowers sell new financial instruments to buyersc: where savers sell new financial claims to borrowersd: where government securities are bought and sold level: 3 question 35: bu

57、ying bonds in the long-term debt market is an example of:a: a primary market transactionb*: a secondary market transactionc: companies raising new fundsd: companies raising funds from a secondary source level: 2 question 36: the market where existing securities are sold is: a: the primary marketb*: the secondary marketc: the economic marketd: the financial market level: 2 question 37: when a large company issues a financial instrument in the financial markets: a: it buys a financial claimb*: it sells a financial claimc: funds flow i