题目内容

The management of the company is to raise ______.

A. the value of the firm for the shareholders
B. the asset of the firm for the debtors
C. the liquidity assets for the debtors
D. the stockholding plans for the employees

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What can we learn from the third part of the passage?

A. Time deposit accounts are not subject to the convention so that they can not be converted to cash before their maturity date.
B. Commercial banks may impose a penalty fee on all kinds of accounts.
C. People can get interest payment when they exchange their tired deposits for private bonds.
D. Banks may refuse to transfer a time deposit into a savings deposit.

A.merchantB.companyC.middleman dealerD.bank

A. merchant
B. company
C. middleman dealer
D. bank

Being a shareholder of a public company means that ______.

A. you have a say in the daily management of the company
B. you become a member of the board of directors
C. you have one vote per share to elect the board of directors
D. you can air your view on how to run the company

Commercial paper may either be dealer placed or directly placed. If it is dealer placed, the (61) sells its promissory notes to one of the ten-regular commercial paper dealers, which, in turn, sells it to others. If commercial paper is directly placed, the issuing corporation sells its notes directly in the market, without the intermediation of the (62) . This is the method used primarily by sales-finance companies because they (63) in the market on a virtually continuous basis. Sales-finance companies are companies that supply the credit for the installment purchase of major (64) items, for example, automobiles, refrigerators, and television sets. These companies find the commercial paper (65) particularly well suited to their needs since it enables them to adjust to swings in demand for installment purchases.
(46)

A. issuing corporation
B. seller
C. dealer
D. issuing bank

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