[单项选择]Jan Hirsh, CFA, is employed as manager of a college endowment fund. The college’s board of directors has recently voted to consider divesting from companies located in a country that has a poor civil rights record. Hirsh has personal investments in several firms in the country. Hirsh needs to :（）
A. disclose her ownership in the stocks to her supervisor only.
B. disclose her ownership in the stocks to the board of directors only.
C. do nothing since the board has not made a decision yet.

[单项选择]Jan Jurgen, CFA charterholder, recently accepted a position in the Treasury area of a conservatively managed commercial bank. Jurgen intends to suggest the use of plain-vanilla interest rate swaps at today’s Asset & Liability Management Committee meeting. Jurgen is least correct to argue that the use of interest rate swaps will:（　）
A. reduce the exposure from the mismatch between floating rate assets and fixed rate liabilities. 
B. create arbitrage profits by exploiting market inefficiencies. 
C. allow more flexibility in packaging cash flows.

[简答题] The University as Business A number of colleges and universities have announced steep tuition increases for next year—much steeper than the current, very low, rate of inflation. They say the increases are needed because of a loss in value of university endowments heavily investing in common S1.______ stock. I am skeptical. A business firm chooses the price that maximizes its net revenues, irrespective fluctuations in income; S2.______ and increasingly the outlook of universities in the United States is indistinguishable from those of business firms. The rise in tuitions S3.______ may reflect the fact economic uncertainty increases the demand for S4.______ education. The biggest cost of being in the school is foregoing S5.______ income from a job (this is primarily a factor in graduate-and-profes- sional-school tuition) ; the poor one’’s job prospects, the more sense S6.______ it makes to

[简答题]The psychiatric technical program in Cuesta College provides students with both classroom instruction and ______clinical

[判断题]

According to the speaker, the proportion of college students with loans in the United States has increased from 50% in 1993 to about 67% at present and the average loan debt when they graduate is 17,000 dollars.

[填空题]______ (short) after she graduated from the college, she went abroad with her parents.

[单项选择]J
1139 Janus Avenue
Laketown, NY 100023
November 14, 1982
Personnel Manager
Brown and Nelson Department Store
2933 I stand Jackson
New York, NY 100034
Dear Personnel Manager,
I would like to complain about the service of your shop-assistants in the men’s clothing department.
I was in your store last week and wanted to purchase a coat. There were a number of shop-assistants in the area, but no one offered to help me. Finally, I asked for some help, and a young man came to me, very unwillingly. Although he helped me find a coat I liked very much, he could not answer several of my questions about the coat and did not show that he wanted to find the answers by asking other shop-assistants, who may know. Several days later I found a similar coat in another store, and because the shop assistant was v
A. a friend
B. a stranger
C. a family member

[单项选择]To a great __________, the way you learn at college is different from that when you were in high school.
A. amount
B. extent
C. reason
D. goal