题目内容

Listen to the conversation and circle the appropriate letter. Wool can become contaminated __________ .

A. when sheep flees,
B. when sheep are imported,
C. since the birth of sheep.

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Listen to the statement and circle the appropriate letter. What’s the percentage of cotton which is grown without the use of pesticides in the global market

A. about 25%
B. about 30%
C. unknown

Listen to the conversation and circle the appropriate letter. Dirty wool would __________ .

A. cause skin diseases in sheep.
B. provide a highly suitable food source for moths.
C. kill moths.

Which of the following is NOT an over-the-counter (OTC) derivative

A forward contract.
B. A swap agreement.
C. A futures contract.

An options investor purchases one stock put option on General Motor"s stock. The put has the following characteristics : Type of option: put option Underlying asset: 100 shares of General Motor"s stock Exercise price : $75 per share Premium: $1.81 per share Expiration date : November By taking a LONG position in this put option, the investor has:

A. purchased the right to decide whether to sell 100 shares of General Motor"s stock and receive $181 during the specified time period (the expiration date in November)
B. purchased the right to decide whether to purchase 100 shares Of General Motor"s stock and receive $181 during the specified time period (the expiration date in November)
C. none of the above

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