单选题The exportation of domestic currency is limited to per person per exit _______ ?
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单选题Investment banks are ______.
单选题{{B}}Passage Three{{/B}}
单选题A share of stock in a firm represents ownership. A stockholder owns a percentage interest in a firm consistent with the percentage of outstanding stock held. This ownership is in contrast to a bondholder, who holds no ownership interest but is rather a creditor of the firm.
Investors can earn a return from stock in one of two ways. Either the price of the stock rises over time, or the firm pays the stockholder dividends. Frequently, investors earn a return from both sources. Stock is more risky than bonds because stockholders have a lower priority than bondholders when the firm is in trouble. The returns to investors are less assured because dividends can be easily changed, and stock price increases are not guaranteed. Despite these risks, it is possible to make a great deal of money by investing in stock, whereas it is very unlikely by investing in bonds. Another distinction between stock and bonds is that stock does not mature.
Ownership of stock gives the stockholder certain rights regarding the firm. One is the right of a residual claimant: stockholders have a claim on all assets and income left over after all other claimants have been satisfied. If nothing is left over, they get nothing. As noted, however, it is possible to get rich as a stockholder if the firm does well.
Most stockholders have the right to vote for directors and on certain issues, such as amendments to the corporate charter and whether new shares should lie issued.
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单选题In documentary collection, the exporters present the documents to ______ after goods have been shipped. A. the remitting bank B. the collecting bank C. the reimbursing bank D. the opening bank
单选题The ratio of liquid assets to liquid liabilities of a commercial bank shall not fall short of _______ per cent .
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单选题Investment banks perform the functions of market intermediaries.
单选题Many of these individuals have made wills and have asked trust departments to act as ______.
单选题{{B}}Passage Two{{/B}}
The handy ATM/debit card you've packed
for your big overseas vacation may be packed with fees. Many banks charge fees
whenever a customer uses an ATM/debit card outside the United States. Debit
cards, such as the Visa Check Card and MasterCard Money, are linked to a
cardholder's checking account and can be used for purchases and to withdraw
money from overseas ATMs. Foreign-fee double whammy. Most banks
zap customers with USD1.50 to USD5 fees for using overseas ATMs. And now
some major banks are charging customers 2-percent fees for each debit card
purchase made while traveling abroad. These new fees come on top of 1 percent
fees long charged by Visa and MasterCard for transactions involving foreign
currency. "If your bank is adding 2 percent it's simply because
they see it as a way of getting extra money out of you," says Ed Perkins, a
nationally syndicated travel columnist and consumer advocate. "By the time your
bank gets the charge it's already in dollars. " When you make a purchase with a
credit card or debit card, you pay an overseas merchant in local currency.
But the charge that shows up on your credit card bill or bank statement is
in US dollars.
单选题The primary justification tot banking supervision is to limit the risk of loss to depositors, and by so doing to maintain public confidence in banks. And while supervision naturally focuses on the individual bank, supervisors must also be alert to the possibility that problems in one institution may have wider, systemic repercussions on others, or on the integrity of the payments system.
单选题An old equipment has a book value of $ 350,000, deprecation expense $100,000, and current disposal value of $150,000. Which figure is the relevant cost to deposal the equipment?
(a)$350,000. (b)$100,000. (c)$150,000. (d)$250,000.
单选题The spot rate of United States dollars is 1.59~1.60; the three month premium is 0.50~0.45 cents. What is the rate at which a UK bank would buy dollars under a three -month fixed forward contract? A. 1. 5945 B. 1. 5955 C. 1. 6045 D. 1. 6050
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单选题Interest rates are high because money is ______.
单选题As for differences between a cheque and a promissory note, which of the following statements is not true?
单选题International trade always creates the need for forward operations, if the exchange risk is to be hedged. Let us consider the case of a Swiss importer who has bought goods in Germany, in- voiced in Euro, payable in 90 days. To eliminate the risk of a significant rise of the Euro in the meantime and also to have the basis for an exact price calculation, he buys the Euro 90 days forward. In the converse case a Swiss exporter knows that in three months he will receive U. S. dollars in payment for this export. Here again, in order to eliminate the exchange risk, he hedges by selling the U. S. Dollar three months forward. Not to do these, forward transactions would be equivalent to speculating, on a fall of the Euro in the first case, or a rise of the U. S. dollar in the second case.
单选题Both money market and capital market transactions occur mostly in organized exchanges.
