[单项选择]ASSET:


A. credential
B. liability
C. refutation
D. responsibility
E. (E) unsteadiness

[单项选择]ASSET:
A. credential
B. liability
C. refutation
D. responsibility
E. unsteadiness

[单项选择]A corporation may issue asset backed securities because:（）
A. All of the reasons are valid.
B. it wants to change the structure of its balance sheet.
C. it wants to speed up cash flows from the assets.

[单项选择]An asset that will allow people to transfer purchasing power from one period to the next is known as a:（）
A. liquid asset.
B. unit of account.
C. store of value.

[单项选择]Compared to European call options on an asset with no cash flows, an American call option:（）
A. will have a lower, lower bound on its price.
B. will have the same lower bound on its price.
C. will have a higher, lower bound on its price.

[单项选择]Compared to European put options on an asset with no cash flows, an American put option: （）
A. will have a higher, lower bound on its price.
B. will have a lower, lower bound on its price.
C. will have the same lower bound on its price.

[单项选择]Why do psychiatrists regard maturity as an asset in child rearing

[单项选择]The pioneers' greatest asset was not their material wealth but their ______.
A. fortitude
B. simplicity
C. companions
D. possessions

[单项选择]If the Capital Asset Pricing Model(CAPM) assumption that there are no transactions costs is relaxed and transactions costs are permitted, all else equal, the most likely result is that the security market line (SML) will:（）
A. plot on a steeper line.
B. plot on a flatter line.
C. no longer plot on a single line.

[单项选择]

A garage these days is a highly prized asset, likely to add as much as 10% ～ 15% to the value of a house, especially if it’s in a crowded suburb where street parking is difficult.
It is (1) one of the most expensive additions you can make. A brick double (2) with an internal floor (3) of 350 square feet might cost f 8 -9, 000, though you could (4) that by between a quarter and a half (5) you used direct labour or built it yourself. For the same (6) you (7) have 2 extra bedrooms and. a bathroom. (8) the prewar days when suburban gardens were (9) than a handkerchief, the garage was (10) as the "motor house". It usually stood at the (11) of the garden as far away from the (12) as possible. Nowadays, and not just for (13) of space, we (14) the garage to be (15) to the house or sometimes even inside (16) Normally, it (17) to be big (18) A. room
B. enough
C. size
D. amount