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发布时间:2023-12-16 01:05:06

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Types of risks

So far we have used the term "risk" rather loosely. One type of risk is default risk, that is, the risk that the borrower will simply not repay the loan, due to either dishonesty or plain inability to do so. Another type of risk, called purchasing - power risk, is the risk that, due to an unexpectedly high inflation rate, the future interest payments, and the principal of the loan when finally repaid, will have less purchasing power than the lender anticipated at the time the loan was made. A similar risk is faced by borrowers. A borrower may cheerfully agree to pay, say, 15 percent interest, expecting that a 12 percent inflation rate will reduce the real value of the loan. But inflation may be only 4 percent.For Paragraph 1 choose the summary which you think best expresses the main idea.
A. The existence of inflation produces purchasing - power risk.
B. Purchasing - power risk involves a loss in the value of money loaned or borrowed be

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[单项选择]
Types of risks

So far we have used the term "risk" rather loosely. One type of risk is default risk, that is, the risk that the borrower will simply not repay the loan, due to either dishonesty or plain inability to do so. Another type of risk, called purchasing - power risk, is the risk that, due to an unexpectedly high inflation rate, the future interest payments, and the principal of the loan when finally repaid, will have less purchasing power than the lender anticipated at the time the loan was made. A similar risk is faced by borrowers. A borrower may cheerfully agree to pay, say, 15 percent interest, expecting that a 12 percent inflation rate will reduce the real value of the loan. But inflation may be only 4 percent.Choose the summary that best expresses the main idea of Paragraph 2.
A. If you have purchased a fixed interest - rate security, then both the cash - in value and the interest you receive remain constant throughout the life of that sec
[填空题]
Financial Risks

Several types of financial risk are encountered in international marketing; the major problems include commercial, political, and foreign exchange risk.
(46) They include solvency, default, or refusal to pay bills. The major risk, however, is competition which can only be dealt with through consistently effective management and marketing. (47) Such risk is encountered when a controversy arises about the quality of goods delivered, a dispute over contract terms, or any other disagreement over which payment is withheld. One company, for example, shipped several hundred tons of dehydrated potatoes to a distributor in Germany. (48) The alternatives for the exporter were reducing the price, reselling the potatoes, or shipping them home again, each involving considerable cost.
Political risk relates to the problems of war or revolution, currency inconvertibility, expropriation or
[填空题]So far, most of the people using M-Pesa have used it to send small amounts of money.
[单项选择]The flats I have looked at so far were too expensive. So I’m better off ()where I am.
A. stay
B. staying
C. to stay
D. stayed
[单项选择]PCA products have so far caused ( ).
A. 3,516 people sent to hospital
B. 691 people sickened
C. 9 food recalled in history
D. 2 plants contaminated
[填空题]Work-sharing schemes have so far been unsatisfactory.


[填空题]Boys have a higher risk of developing heart disease than girls.


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