In a credit default swap, the buyer of the swap makes payments to the swap’s seller up until the maturity date of a contract.

Which of the following is not true of swaps?______.

A．The two most common types of swaps are interest rate swaps and currency swaps.

B．Principal and interest are usually exchanged in an interest rate swap.

C．A currency swap can be used to transform. a loan in one currency into a loan in another currency.

D．None of the above.

Mergers and Acquisitions

Mergers and Acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling and combining of different companies that can aid, finance, or help a growing company in a given industry grow (21) without having to create another business entity.

In business or economics a merger is a (22) of two companies into one larger company. Such actions are commonly (23) and involve stock swap or cash payment to the target. Stock swap is often used as it allows the shareholders of the two companies to (24) the risk involved in the deal. A merger can resemble a takeover but result (25) a new company name and in new branding; in some cases, (26) the combination a "merger" rather than an acquisition is done purely for political or marketing reasons.

An acquisition, also known as a takeover or a buyout, is the buying of one company by another. An acquisition may be friendly or hostile. In the (27) case, the companies cooperate in negotiations; in the latter case, the takeover target is (28) to be bought or the target's board has no prior knowledge of the offer. Acquisition usually refers to a purchase of a smaller firm by a larger one. Sometimes, (29) a smaller firm will acquire management control of a larger or longer established company and keep its name for the combined entity. The acquisition process is very complex, with many dimensions influencing its (30) .

(21)

A．rapidly

B．slowly

C．confidently

D．steadily

AcustomerhastwoEthernetSwitchModulesinstalledinanIBMBladeCenterEnterprisechassis.Themoduleswereconfiguredidentically.TheEthernetmoduleinbayonewasinadvertenlyresettofactorydefaults.Whichsolutionreturnsthemoduletothecustomer-specificconfiguration?（）

A.BackuptheconfigurationfromEthernetmoduleinbay2andrestoreittothemoduleinBay1usingtheswitchCLIorWebinterface

B.Swapthemodules,whichwillautomaticallyresynchthesettingsstoredintheAdvancedManagementModule

C.BackuptheconfigurationoftheEthernetmoduleinbayoneandrestoreittotheEthernetmoduleinbaytwousingtheAMM

D.RestoretheconfigurationfromNVRAMusingtheSwitchModuleWebinterface

YouareinstallingOracleDatabase11gonamachine.Whenyouruntheinstaller，theOracleUniversalInstaller（OUI）showsthemessagethatsaysoneoftheproduct-specificprerequisitecheckshasfailed：Checkingavailableswapspacerequirements...Expectedresult：1512MBActualResult：1018MBCheckcomplete.Theoverallresultofthischeckis：Failed<<<<Problem：Thesystemdoesnothavetherequiredswapspace.Whathappenstotheinstallationinthissituation（）

A.Itcanbecontinued.

B.Itresizestheswapspaceautomaticallywhenyouproceedfurther.

C.Itcanbecontinued，buttheinstancecannotbestartedwithoutincreasingtheswapspace.

D.Itshowsamessagesayingoneormoreprerequisitecheckshavefailedandtheinstallationcannotproceed.

YouareinstallingOracleDatabase11gonamachine.Whenyouruntheinstaller，theOracleUniversalInstaller（OUI）showsthemessagethatsaysoneoftheproduct-specificprerequisitecheckshasfailed：Checkingavailableswapspacerequirements...Expectedresult：1512MBActualResult：1018MBCheckcomplete.Theoverallresultofthischeckis：Failed<<<<Problem：Thesystemdoesnothavetherequiredswapspace.Whathappenstotheinstallationinthissituation（）

A.Itcanbecontinued.

B.Itresizestheswapspaceautomaticallywhenyouproceedfurther.

C.Itcanbecontinued，buttheinstancecannotbestartedwithoutincreasingtheswapspace.

D.Itshowsamessagesayingoneormoreprerequisitecheckshavefailedandtheinstallationcannotproceed

Which of the following statements is correct?

A.Once purchased, currency futures have a range of close-out dates

B.Currency swaps can be used to hedge exchange rate risk over longer periods than the forward market

C.Banks will allow forward exchange contracts to lapse if they are not used by a company

D.Currency options are paid for when they are exercised

听力原文： Two spacewalking astronauts replaced a giant broken flywheel outside the International Space Station on Monday, shoring up an outpost steering system plagued with problems for more than three years. The swap was considered a high priority job for Discovery's seven astronauts, who are in the midst of the first shuttle visit to the station since the February 2003 Columbia accident. The station is equipped with four of the American-made devices, each of which is about the size of a washing machine. At least two must be working properly to steer and steady the station as the 206-ton outpost travels around Earth at a speed of 5 miles per second. Otherwise, ground controllers must fire thrusters on Russian cargo freighters to do the job, exhausting limited outpost propellant reserves.

What was the most important job for the astronauts of Discovery?

A．Spacewalking.

B．Replacing the broken flywheel.

C．Entering the International Space Station.

D．Contacting the ground controllers.