[名词解释]Real interest rate

[简答题]Official interest rate

[简答题]无抵补利率平价条件(term of uncovered interest-rate parity)

[简答题]Real Exchange Rate

[单项选择]

Interest Rate Hike Expected This Week
Investors will pace themselves very cautiously this week with all attention focused on the U.S. Federal Reserve for guidance after seeing equity markets retreat last month with concerns over higher interest rates and the economic  (150)  they can cause.
This week, the U.S. central banks will meet, and the interest rates will likely be hiked. This comes  (151)  the Fed has raised them four percentage points over the last two years.
"The market has kind of positioned  (152)  for the Fed raising 25 basis points... because of these fears about inflation," said John Johnston, chief strategist at Royal Securities.

150（）
A. maim
B. malign
C. damage
D. disqualify

[单项选择]Which combination of interest rate options most likely has the same pattern of payoffs as the short position in a forward rate agreement Interest rate call option Interest rate put option（）①A. Long Long ②B. Long Short ③C. Short Long
A. ①
B. ②
C. ③

[单项选择]The CFO of Magma Corporation expects interest rates especially LIBOR to increase. She would like to place the company in a position to profit from the expected interest rate increase. Which of the following interest rate swap arrangements would allow Magma to profit from an increase in LIBOR（）
A. a swap in which Magma pays a fixed rate and receives a floating rate tied to LIBOR.
B. a swap in which Magma pays a floating rate tied to LIBOR and receives a fixed rate.
C. a swap in which Magma pays a fixed rate and receives a fixed rate.

[简答题]远期利率协议(Forward Interest Rate Agreement)

[单项选择]Which of the following measures of interest rate risk is most appropriate for bonds with prepayment option（）
A. Effective duration.
B. Modified duration.
C. Macaulay duration.

[单项选择]An investor is concerned about interest rate risk. Which of the following bonds has the least interest rate risk The bond with:
A. 5% yield and 10-year maturity.
B. 5% yield and 15-year maturity.
C. 6% yield and 10-year maturity.

[单项选择]What interest rate did the man’s investment receive this year
[*]

[填空题]The key interest rate for all eleven nations is set in line with the economic conditions of some less developed ones.

[简答题]The current federal funds interest rate of only 1.75 percent has clearly become unsustainable in view of the economy’s resilience. The Federal Reserve will raise interest rates by at least 0.25 percentage points during the second quarter and could increase short-term interest rates to at least 3 percent before the autumn-the level they were at before September 11.

[填空题]check the interest rate on a 6-month certificate of deposit:

• A. 1
• B. 2
• C. 3
• D. 4
• E. 5
• F. 6
• G. 7