投资学期中试题及答案
一、选择题 (20*1=20) 1.投资银行是 A. 股票发行方与投资者间的中介 B. 作为公司顾问协助发行方分析金融需求并为新发行证券寻找买方 C. 从储户处吸纳存款并向公司发放贷款 D. A 和 B E. A ，B 和 C 1. Investment bankers A. act as intermediaries between issuers of stocks and investors. B. act as advisors to companies in helping them analyze their financial needs and find buyers for newly issued securities. C. accept deposits from savers and lend them out to companies. D. A and B. E. A, B, and C. 2. 假设以$ 80.00价格卖出JCP股票，通过设定 __________ 可以最小化损失 A. 限价卖出指令 B. 限价买入指令 C. 止损买入指令 D. 及时买卖指令 E. 以上无正确答案 2. You sold JCP stock short at $80 per share. Your losses could be minimized by placing a __________. A. limit-sell order B. limit-buy order C. stop-buy order D. day-order E. none of the above 3. 买入和卖出股票的成本包括 __________ A. 经纪商佣金 B. 买卖差价 C. 投资者被迫做出的价格折让 D. A 和 B E . A , B 和 C 3. The cost of buying and selling a stock consists of __________. A. broker's commissions B. dealer's bid-asked spread C. a price concession an investor may be forced to make. D. A and B. E. A, B, and C. 4. 假设以保证金方式购买 100 股 IBM股票，股票价格为 $70.00，初始保证金为50% ， 维 持保证金为 30%。在以下何种情况下会接到追缴保证金通知？假设股票无分红，且忽略保 证金利息。 A. $ 21.00 B. $ 50.00 C. $ 49.00 D. $ 80.00 E.以上无正确答案 4. You purchased 100 shares of IBM common stock on margin at $70 per share. Assume the initial margin is 50% and the maintenance margin is 30%. Below what stock price level would you get a margin call? Assume the stock pays no dividend; ignore interest on margin. A. $21 B. $50 C. $49 D. $80 E. none of the above 5. 以保证金方式购买300股普通股，股票价格为 $ 60.00。初始保证金为 60%，股票未分红。 如果在 $45.00 卖出该股票，回报率为多少？忽略保证金利息 A. 25% B. -33% C. 44% D.-42% E.-54% 5. You 1.选择题 1. 1.D 2.C 3.E 4.B 5.D 6.B 7.A 8.D 9.A 10.D 11.C 12.E 13.C 14.C 15.D 16.D 17.B 18.C 19.B 20.D