脊髓灰质炎后遗症可见（)

A、Lower than the spot price

B、Higher than the spot price.

C、The same as the spot price

(6)

A．The forward price for a currency is always the same with the spot price.

B．The forward price for a currency is always different from the spot price.

C．Theoretically, the forward price is almost always either higher or lower than the spot price.

D．Theoretically, the forward price for a currency is always the same with the spot price.

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

A．If the current market price is higher than the strike price, the call option is in-the-money.

B．If the current market price is greater than the strike price, the put option is out-of-the-money.

C．If the current market price is the same as (or close to) the strike price, the option is at-the-money.

D．A put option is in-the-money when the strike price is lower than the market price of the underlying asset.

听力原文： Currency options may have two kinds of value, intrinsic value and time value. If and to the extent that an option would currently be profitable to exercise, it is said to have intrinsic value. In the case of a call, if the spot price is higher than the option exercise price, the option has intrinsic value. In the case of a put, if the spot price is less than the option exercise price, the option has intrinsic value. Such options are said to bein-the-money'. If the opposite is true of either calls or puts, they have no intrinsic value and said to be out-of-the-money'.

28. What are the two kinds of value do currency options have？

29.When does a call option have intrinsic value？

30.What is the option said to be if it has intrinsic value？

(28)

A．Intrinsic value and time value.

B．Internal value and external value.

C．Exchange value and time value.

D．Real value and stated value.

A、the price index in 2016 was lower than 109.0

B、the price index in 2016 was lower than 118.9

C、the price index in 2016 was lower than 118.0

D、the inflation rate between 2015 and 2016 was lower than 1.09 percent

Retailers sold the close-outs______.

A．at a lower price than usual

B．to poor consumers at full retail price

C．at full retail price and never lower it

D．at full retail price and then at a lower price when necessary

Retailers sold the close-outs ______.

A．at a lower price than usual

B．to poor consumers at full retail price

C．at full retail price and never lower it

D．at full retail price and then at a lower price when necessary

A．$3.57

B．$6.43

C．$10

D．$15