题目内容

A private agreement between two parties to exchange a series of future cash flows, with at least one of the two series of cash flows determined by a later outcome, is best characterized as a(n):

A.
A. swap.

B.
B. futures contract.

C.
C. exchange-traded contingent claim.

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凭买方样品成交（sale by buyer’s sample），称为（），是指以买方提供的样品作为交货品质依据的交易。

A. 来样成交
B. 留样
C. 代表性样品
D. 回样

John receive $1000 at the beginning of each for the next 10 years. Assume that the interest rate is 12% , calculate the value of this annuity at the end of the ten-year period.

A.

A. $13578.24.

B.

B. $17548.74.

C.

C. $19654.58.

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D. 信用证

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A.

A. $1100.

B.

B. $1080.

C.

C. $1430.