题目内容
（请给出正确答案）
Speaker A: Why do you always tell me what to do？ To be frank, I don't like it.
Speaker B: I know, but______
A．I don't like it neither.
B．How do I do for you？
C．I just want the best for you.
D．Obviously. You are right.
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更多“Speaker A: Why do you always t…”相关的问题
Speaker A: I'm tired. Maybe we can finish it tomorrow.
Speaker B:__________ We could do it first thing tomorrow morning.
A． Why not!
B． Can we？
C． You sure'？
D． Shall we？
A.competitive
B.depressed
C.logical
D.critical
Why you would________a good public speaker，I suppose．
A.fall
B.grow
C.do
D.make
How long do you think ______ to finish this urgent task？
A．did it take you
B．it will take you
C．will it take you
D．it to take you
“请问您喜欢喝哪种茶”用英语最妥当的表述是()。
A.What tea do you like
B.What kind of tea do you like
C.What kind of tea do you choose
D.What kind of coffee do you like
Speaker A: Excuse me. Do you happen to have the time？
Speaker B: _________.
A． Take it easy
B． I am running out of time
C． Sorry, I'm late
D． Sure, it's nine thirty
Speaker A: Can you tell me the way to the library？
Speaker B: Sure. Turn left at the next crossing.
Speaker A: Is it on King Street？
Speaker B:_________.
A． That's all right
B． Yes. You can't miss it
C． It's obvious
D． Ok. Just do it
Speaker A：Can you tell me the way to the library？
Speaker B：Sure．Turn left at the next crossmg.
Speaker A：Is it on King Streetg
Speaker B：__________.
A.That，s alright
B.Yes．You can’t miss it
C.It，s obvious
D.OK．Just do it
Why do we go wrong about our friends or our enemies？ Sometimes what people say hides their real meaning. And if we don' t really listen closely we miss the feeling behind the words. Suppose someone tells you, "You' re a lucky dog." That' s being friendly. But "lucky dog？" There' s a bit of envy in those words. Maybe he doesn' t see it himself. But bringing in the "dog" puts you down a little. What he may be saying is that he doesn' t think you deserve your luck.
"Just think of all the things you have to be thankful for is another noise that says one thing and means another. It could mean that the speaker is trying to get you to see your problem as part of your life as a whole. But is he？ Wrapped up in this phrase is the thought that your problem isn' t important. It' s telling you to think of all the starving people in the world when you haven't got a date for Saturday night.
How can you tell the real meaning behind someone' s words？ One way is to take a good look at the person talking. Do his words fit the way he looks？ Does what he says agree with the tone of voice？ His posture？ The look in his eyes？ Stop and think. The minute you spend thinking about the real meaning of what people say to you may save another mistake.
This passage is mainly about ______.
A．how to interpret what people say
B．what to do when. you listen to others talking
C．how to avoid mistakes when you communicate with people
D．why we go wrong with people sometimes
The chief executive officer (CEO) of Faoilean Co has just returned from a discussion at a leading university on the ‘application of options to investment decisions and corporate value’. She wants to understand how some of the ideas which were discussed can be applied to decisions made at Faoilean Co. She is still a little unclear about some of the discussion on options and their application, and wants further clarification on the following:
(i) Faoilean Co is involved in the exploration and extraction of oil and gas. Recently there have been indications that there could be significant deposits of oil and gas just off the shores of Ireland. The government of Ireland has invited companies to submit bids for the rights to commence the initial exploration of the area to assess the likelihood and amount of oil and gas deposits, with further extraction rights to follow. Faoilean Co is considering putting in a bid for the rights. The speaker leading the discussion suggested that using options as an investment assessment tool would be particularly useful to Faoilean Co in this respect.
(ii) The speaker further suggested that options were useful in determining the value of equity and default risk, and suggested that this was why companies facing severe financial distress could still have a positive equity value.
(iii) Towards the end of the discussion, the speaker suggested that changes in the values of options can be measured in terms of a number of risk factors known as the ‘greeks’, such as the ‘vega’. The CEO is unclear why option values are affected by so many different risk factors.
Required:
(a) With regard to (i) above, discuss how Faoilean Co may use the idea of options to help with the investment decision in bidding for the exploration rights, and explain the assumptions made when using the idea of options in making investment decisions. (11 marks)
(b) With regard to (ii) above, discuss how options could be useful in determining the value of equity and default risk, and why companies facing severe financial distress still have positive equity values. (9 marks)
(c) With regard to (iii) above, explain why changes in option values are determined by numerous different risk factors and what ‘vega’ determines. (5 marks)
