We accept returns or exchanges within 30 days from the date of the purchase of these cell
A.手机从购买之日起30天内我们接受退换。
B.手机在试用30天之后我们可允许退货。
C.我们同意30天内可以购买手机,退货或更换。
D.我们保证30天之内购买的手机,包退包换。
A.手机从购买之日起30天内我们接受退换。
B.手机在试用30天之后我们可允许退货。
C.我们同意30天内可以购买手机,退货或更换。
D.我们保证30天之内购买的手机,包退包换。
A、concerned about their exposure to extension risk
B、concerned about their exposure to concentration risk
C、willing to accept prepayment risk in exchange for higher returns
D、空
听力原文: A blonde lady walks into a New York City Bank and asks for the loan officer. She says she is going to Europe on business for 2 weeks and needs to borrow $ 5,000. The bank officer says he will need some kind of security for the loan, so the lady hands over the keys to a new, costly car parked in front of the bank. With all checked out, the bank agrees to accept the car as security for the loan. The loan officer drives the new car into the bank's underground garage and parks it there. Two weeks later the lady returns, repays the $ 5,000 she loaned, and $15.40 interest. The loan officer comes up to the lady and says, "We here at the bank are very happy to this deal, but while you were away, I checked you out, and I'm a little puzzled. I found out that you are a multimillionaire. What puzzles me is why you would bother to borrow $ 5,000. "The lady replies, "Where else in New York City can I park my car for two weeks for 15 dollars?"
(20)
A.She wanted to buy a car.
B.She wanted to joke with the bank.
C.The bank is the cheapest place in New York to park her car.
D.She will go to Europe on business.
A.has attracted much attention
B.involves certain political factors
C.shoulders too much responsibility
D.has lost its real value in economy
A.The other methods help validate whether or not the results from the net present value analysis are reliable
B.You need to use the other methods since conventional practice dictates that you only accept projects after you have generated three accept indicators.
C.You need to use other methods because the net present value method is unreliable when a project has unconventional cash flows.
D.The discounted payback method must always be computed to determine if a project returns a positive cash flow since NPV does not measure this aspect of a project.
A.The other methods help validate whether or not the results from the net present value analysis are reliable
B.You need to use the other methods since conventional practice dictates that you only accept projects after you have generated three accept indicators.
C.You need to use other methods because the net present value method is unreliable when a project has unconventional cash flows.
D.The discounted payback method must always be computed to determine if a project returns a positive cash flow since NPV does not measure this aspect of a project.
Section B
Directions: There are 2 passages in this section. Each passage is followed by some questions or unfinished statements. For each of them there are four choices marked A, B, C and D. You should decide on the best choice.
Movie directors sometimes shoot two endings to a film, undecided about which to use until the very last minute. In the Casablanca everyone knows, Ingrid Bergman leaves Humphrey Bogart, but in another ending Bogart got the girl.
In some ways, it feels like we're in the middle of a movie made by some deranged(疯狂的) economist, and we don't know yet if we're going to get the happy ending or the sad one. Does the rise of India and other developing countries supercharge(提高) global growth, or will all the new competition pull down wages in the industrialized world? Is this period going to be titled The Bright Dawn or The Big Squeeze?
Certainly for workers in the industrialized world, the latest signs are troubling. Profits seem to be outpacing wages just about everywhere. As a result, from Japan to the U.S. to Europe, labor is getting a smaller share of the economic pie. The numbers are pretty straightforward: In Japan, the share of national income going to workers dropped from 53.1% in 2001 to 51.1% in the year ending with the first quarter of 2005. In the U.S., the employee share of gross domestic income dropped from 58% to 56.8%. In Western Europe, workers' share of national income dropped from 51.7% in 2001 to 50.5% at the end of 2004, before bouncing up a bit in the latest quarter.
An obvious—and pessimistic—explanation for this broad decline is the intensification of global competition, forcing formerly privileged workers in advanced countries to accept a lower standard of living. Harvard economist Richard Freeman has argued that the entry of China, India, and the former Soviet countries into the global economy has effectively doubled the size of the world's workforce. As a result, labor is relatively abundant, capital is relatively scarce, the returns to labor go down, and the returns to capital go up.
"Having twice as many workers and newly the same amount of capital places great pressure on labor markets throughout the world", writes Freeman. That "shifts the balance of power in markets toward capital, as more workers compete for working that capital."
This is the unhappy ending to the global economy story. However, the numbers are also consistent with another, much more upbeat(乐观的)ending. It could be that corporate restructuring efforts in Japan and Europe are finally taking hold, leading to higher profits and faster productivity growth, even as U.S. companies continue their efforts to boost efficiency. And it could be that there's just a lag before the productivity gains get passed on to workers in the form. of higher wages.
So, will we get the happy ending or the sad ending? There's no way of telling yet—but hey, what fun is a movie with a predictable ending?
Similar to the story in the movie Casablanca, the world economy______.
A.is experiencing dramatic changes
B.is set in complicated political factors
C.involves fierce competition between different parties
D.is developing into two possible opposite directions
Section B
Directions: In this section, you will hear 3 short passages. At the end of each passage, you will hear some questions. Both the passage and the questions will be spoken only once. After you hear a question, you must choose the best answer from the four choices marked A, B, C and D.
听力原文: A blonde lady walks into a New York City Bank and asks for the loan officer. She says she is going to Europe on business for 2 weeks and needs to borrow $5,000. The bank officer says he will need some kind of security for the loan, so the lady hands over the keys to a new, costly car parked in front of the bank. With all checked out, the bank agrees to accept the car as security for the loan. The loan officer drives the new car into the bank's underground garage and parks it there. Two weeks later the lady returns, repays the $5,000 she loaned, and [27] $15.40 interest. The loan officer comes up to the lady and says, "We here at the bank are very happy to this deal, but while you were away, I checked you out, and I'm a little puzzled. [28] I found out that you are a multimillionaire. What puzzles me is why you would bother to borrow $5,000." The lady replies, "[26] Where else in New York City can I park my car for two weeks for 15 dollars?"
(27)
A.She wanted to buy a car.
B.She wanted to joke with the bank.
C.The bank is the cheapest place in New York to park her car.
D.She will go to Europe on business.
A、the average return on the investment opportunity to returns on all other investment opportunities in the market.
B、the average return on the investment opportunity to returns on other alternatives in the market with equivalent risk and maturity.
C、the NPV of the investment opportunity to the average return on the investment opportunity.
D、the average return on the investment opportunity to the risk-free rate of return.
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