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听力原文:It's no secret that throughout history common stock has outperformed most financi

听力原文: It's no secret that throughout history common stock has outperformed most financial instruments. If an investor plans to have an investment for a long period of time, then their portfolio should be comprised mostly of stocks ; however, investors who don't have this kind of time should diversify their portfolios. For this reason, the concept of "asset allocation" was developed. Asset allocation is an investment portfolio technique that aims to balance risk and create diversification by dividing assets among major categories. The underlying principle of asset allocation is that the older a person gets, the less risk he or she should face. After you retire you may have to depend on your savings as your only source of income.

28. Throughout history, what kind of stock has outperformed most financial instruments?

29.What is the purpose of asset allocation?

30.What is the principle underlying the concept of asset allocation?

(28)

A.preferred stock

B.common stock

C.concept stock

D.cynical stock

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第1题
听力原文:How is everything with you, Nancy?(5)A.That's all right.B.I' m going to Shanghai.

听力原文:How is everything with you, Nancy?

(5)

A.That's all right.

B.I' m going to Shanghai.

C.I'm fine. Thank you.

D.Everything is going well.

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第2题
听力原文:Why are you so silent today?(3)A.I'm well today.B.That's OK.C.No, I like to do so

听力原文:Why are you so silent today?

(3)

A.I'm well today.

B.That's OK.

C.No, I like to do so.

D.Because I've got a headache.

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第3题
听力原文:M: Would you like a copy of professor Smith's article?W: Thanks, it's not too muc

听力原文:M: Would you like a copy of professor Smith's article?

W: Thanks, it's not too much trouble.

What does the woman imply?

A.She is not interested in the article.

B.She has given the man much trouble.

C.She would like to have a copy of the article.

D.She doesn't want to take the trouble to read the article.

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第4题
听力原文:M: Can you tell me something about a balance sheet?W: Yes. It is divided into thr

听力原文:M: Can you tell me something about a balance sheet?

W: Yes. It is divided into three sections: assets, liabilities, and owner's equity and it is used to summarize a company's financial position on a given date.

Q: Which of the following is not a section of a balance sheet?

(15)

A.Profit and Joss

B.Owner's equity.

C.Liabilities

D.Assets.

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第5题
听力原文:W: What's the value of US dollars now?M: It's inflated and is losing value agains

听力原文:W: What's the value of US dollars now?

M: It's inflated and is losing value against Euro and RMB, while RMB is depreciated against Euro.

Q: What does the man think of the US dollars?

(14)

A.The Euro's value remains unchanged.

B.The value of US dollars has changed a lot.

C.The American currency is losing value.

D.The RMB is increasing in value.

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第6题
听力原文:M: The depositors can earn interest on demand deposits, is that right?W: Yes, but

听力原文:M: The depositors can earn interest on demand deposits, is that right?

W: Yes, but the rate of interest on demand deposits is generally well below the bank's base rate.

Q: What does the woman imply?

(15)

A.The bank's base rate is fixed.

B.The rate on demand deposits is low.

C.The rate on demand deposits is high.

D.The bank's base rate is floating.

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第7题
听力原文:W: What is the rate of exchange for pound sterling into yen today?M: For cash it

听力原文:W: What is the rate of exchange for pound sterling into yen today?

M: For cash it is seven hundred and ninety four yen to the pound and for traveler's cheques it is eight hundred and eighteen yen to the pound.

Q: What's the exchange rate for cash?

(12)

A.880 yen.

B.794 yen.

C.719 yen.

D.888 yen.

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第8题
听力原文:M: Hi, Jack, do you mind if I borrow your bike? Mine is under repair. W: Of cours

听力原文:M: Hi, Jack, do you mind if I borrow your bike? Mine is under repair.

W: Of course not, if only I could find it. I remember I put it here this morning, but it’s gone.

What happened to the woman's bike?

A.It was gone.

B.The woman borrowed it.

C.He sold it.

D.He forgot where he put it.

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第9题
听力原文:Banks are crucial to a country's economy, they serve as the center point of the e
xchange of money throughout the economy.

(10)

A.Cash is crucial to a country's economy.

B.Money is crucial to a country's economy.

C.Capital is crucial to a country's economy.

D.Banks are crucial to a country's economy.

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