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Underwriting simply means that the investment banker promises to buy the(56) . The investm

Underwriting simply means that the investment banker promises to buy the (56) . The investment banks help design the securities and buy it from the (57) with the intent of selling it to (58) as quickly as possible. Usually, the issue is not subscribed to in its entirety by the (59) investment banker but is (60) among other institutions as well.

(41)

A.securities

B.stock

C.bond

D.funds

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第1题
According to the passage, underwriting simply means ______.A.that the investor promises to

According to the passage, underwriting simply means ______.

A.that the investor promises to buy the securities

B.that the investment banker promises to sell the securities

C.that the investment banker promises to buy the securities

D.that the investor promises to sell the securities

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第2题
Billions of dollars worth of new securities reach the market each year. The traditional(56

Billions of dollars worth of new securities reach the market each year. The traditional (56) in the primary, markets is called an investment banker. The investment banker's principal activity is to bring sellers and buyers together, thus creating a market. He normally buys the new issue from the issuer at an agreed-upon price and hopes to (57) it to the investing public at a (58) price. In this capacity, investment bankers are said to underwrite, or guarantee, an issue. Usually, a group of investment bankers joins to underwrite a security offering and form. what is called an underwriting syndicate. The (59) received by the investment banker in this case is the differential, or spread, between his purchase and resale prices. The risk to the underwriter is that the issue may not attract buyers at a (60) differential.

(41)

A.buyer

B.organizer

C.seller

D.middleman

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第3题
[A] other [B] simply [C] rather [D] all

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第4题
__3__

A.easily

B.simply

C.very

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第5题
Economic efficiency simply requires that all commodities be produced at minimum marginal cost.()
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第6题
祝贺某人某事()

A.ongratulate sb on sth

B.on purpose

C.in advance

D.sign up (for)

E.to put it simply

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第7题
Americans often ______ each other simply with “hello” or “Hi”.

A.ask

B.greet

C.say

D.talk

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第8题
A virus is a program that reproduces its own code by ()

A.ins_erting into the middle of a file

B.simply placing a pointer

C.adding to the end of a file

D.replacing another program

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第9题
Some people hope to be more successful while ______ simply want to feel more comfortab
le.

A. the others

B. others

C. the other

D. another

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第10题
You may actually()more problems when using public transport, simply because you have less control over events.

A.face

B.see

C.encounter(遇到)

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