[简答题] Currently, over 80% of the new issues in the international bond market are Eurobonds.

[简答题] The secondary market is where new issues of stocks and bonds are introduced.

[简答题] About half of new equity issues are preferred stock.

[单选题] In a ________, new issues of a security are sold to buyers by the corporation or government agency ultimately using the funds.
A. primary market
B. secondary market
C. capital market
D. money market

[单选题] The buyers of private placement issues are most likely to be ________.
A. insurance companies
B. pension funds
C. investment banks
D. all of the above
E. only A and B of the above

[单选题]Dixie South currently pays an annual dividend of $1.46 a share and plans on increasing that amount by 2.75 percent annually. Northern Culture currently pays an annual dividend of $1.42 a share and plans on increasing its dividend by 3.1 percent annually. Given this information, you know for certain that the stock of Northern Culture has a higher ________ than the stock of Dixie South.
A. market price
B. dividend yield
C. capital gains yield
D. total return
E. real return
Difficulty: 1 Easy
Topic: Stock returns and yields
Learning Objective: 08-01 Explain how stock prices depend on future dividends and dividend growth.

[简答题] When a firm issues stock for the first time in an initial public offering, it is difficult for an investment bank to determine what the correct price should be.

[单选题]A firm is currently operating at full capacity. Net working capital, costs, and all assets vary directly with sales. The firm does not wish to obtain any additional equity financing. The dividend payout ratio is constant at 40 percent. If the firm has a positive external financing need, that need will be met by:
A. accounts payable.
B. long-term debt.
C. fixed assets.
D. retained earnings.
E. common stock.
Difficulty: 1 Easy
Topic: External financing need
Learning Objective: 04-02 Compute the external financing needed to fund a firm's growth.

[多选题]Concerning the issues that a treaty may be inconsistent with prior treaties, which statements about the application of treaties are correct?
A. When a treaty specifies that it is subject to an earlier treaty, the provisions of the earlier treaty prevail.
B. When a treaty specifies that it is subject to a later treaty, the provisions of the later treaty prevail.
C. When all the parties to the earlier treaty are parties also to the later treaty, the earlier treaty applies only to the extent that its provisions are compatible with those of the later treaty.
D. When the parties to the later treaty do not include all the parties to the earlier one, as between a state party to both treaties and a state party to only one of the treaties, the treaty to which both states are parties governs their mutual rights and obligations.

[单选题] A stock currently sells for $25 per share and pays $0.24 per year in dividends. What is an investor's valuation of this stock if she expects it to be selling for $30 in one year and requires a 15 percent return on equity investments?
A. $30.24
B. $26.30
C. $26.09
D. $27.74

[单选题] A stock currently sells for $30 per share and pays $1.00 per year in dividends. What is an investor's valuation of this stock if he expects it to be selling for $37 in one year and requires a 12 percent return on equity investments?
A. $38
B. $33.50
C. $34.50
D. $33.93

[单选题] ________ issues participation certificates, and ________ provides federal insurance for participation certificates.
A. Freddie Mac; Freddie Mac
B. Freddie Mac; Ginnie Mae
C. Ginnie Mae; Freddie Mac
D. Ginnie Mae; Ginnie Mae
E. Freddie Mac; no one

[判断题]AGCF目前不支持Ut接口。 Currently, the AGCF system does not support Ut interface.
A.正确
B.错误

[单选题] She’s currently working ________ a project.
A. on
B. to
C. at
D. with

[简答题]Audrey made over 50 emotionally draining and physically dangerous missions into bleak destinations to raise world awareness of wars and droughts.

[单选题]The American girl remains excited over her first trip to China several days after her return. She says, “I’m still ______.”
A.in tow
B.in disbelief
C.in favor
D.in charge

[单选题] The news has already all over the country.
A.spent
B.spread
C.shocked
D.increased

[单选题]We are confident to get over these difficulties since the government has promised to give us some help.
A. 自从政府提供帮助以来，我们信心十足地攻克了困境。
B. 我们都在等着政府的帮助来度过困境。
C. 既然政府允诺给予我们帮助，我们有信心克服困难。
D. 自从政府许诺给予帮助以来，我们有信心克服困难。

[简答题] Many common stocks are traded over the counter, although a majority of the largest corporations have their shares traded at organized stock exchanges.