According to the CAPM, what is the expected rate of return for a stock with a beta of 1.2,when the risk-free rate is 6% and the market rate of return is 12%?
A.7.2%.
B.12.0%.
C.13.2%.
A.7.2%.
B.12.0%.
C.13.2%.
第1题
第2题
第3题
A.This CAP has been developed according to FAA AC 91-56 guidelines
B.FAA AC 91-56 guideline developed the CAP accordingly
C. This CAP has been developed as a reference of FAA AC 91-56
第4题
A、The Aral Sea is disappearing.
B、The polar ice cap is thickening.
C、The ghostly images appear in the sky.
D、We are silencing the thousands of songs we have never even heard.
第5题
According to the passage, before taking a job, a person should______.
A.demonstrate his capability
B.give his boss a good impression
C.ask for as much money as he can
D.ask for the salary he hopes to get
第6题
According to this passage, a Soul Catcher will be ______.
A.a new invention in order to capture and preserve human thoughts
B.made by British scientists to offer a semblance of immortality
C.made of silicon circuits which can index people's nervous activity
D.a new machine on which radical research measures have already made
第7题
Part B (10 points)
You are going to read a text about The Big Melt, followed by a list of examples. Choose the best example from the list for each numbered subheading. There is one extra example which you do not need to use.
Say goodbye to the world's tropical glaciers and ice caps. Many will vanish within 20 years. When Lonnie Thompson visited Peru's Quelccaya ice cap in 1977, he couldn't help noticing a school-bus-size boulder that was upended by ice pushing against it. Thompson returned to the same spot last year, and the boulder was still there, but it was lying on its side. The ice that once supported the massive rock had retreated far into the distance, leaving behind a giant lake as it melted away.
Foe Thompson, a geologist with Ohio State University's Byrd Polar Research Center, the rolled-back rock was an obvious sign of climate change in the Andes Mountains. "Observing that over 25 years personally really brings it home", he says. "You don't have to be a believer in global warming to see what's happening."
(41) Thawed ice caps in the tropics.
Quelccaya is the largest ice cap in the tropics, but it isn't the only one that is melting, according to decades of research by Thompson's team. No tropical glaciers are currently known to be advancing, and Thompson predicts that many mountaintops will be completely melted within the next 20 years.
(42) Situation in areas other than the tropics.
The phenomenon isn't confined to the tropics. Glaciers in Europe, Russia, new Zealand, the United States, and elsewhere are also melting.
(43) The worsening effects of global warming.
For many scientists, the widespread melt-down is a clear sign that humans are affecting glottal climate, primarily by raising the levels of carbon dioxide and other greenhouse gases in the atmosphere.
(44) Receding ice caps.
That's not to say that glaciers, currently found on every continent except Australia, haven't melted in the past as a result of natural variability. These rivers of ice exist in a delicate balance between inputs (accumulating snow and ice) and outputs (melting and "calving" of large chunks of ice). Over time, the balance can tilt in either direction, causing glaciers to advance or retreat. What's different now is the speed at which the scales have tipped. "We've been surprised at how rapid the rate of retreat has been", says Thompson. His team began mapping one of the main glaciers flowing out of the Quelccaya ice cap in 1978, using satellite images and ground surveys.
(45) Thinning ice cores.
And it's not just the margin of the ice cap that is melting. At Quelccaya and Mount Kilimanjaro, the researchers have found that the ice fields are thinning as well. Besides mapping ice caps and glaciers, Thompson and his colleagues have taken core samples from Quelccaya since 1976, when the ice at the drilling location was 154 meters thick.
Thompson and his colleagues have also drilled ice cores from other locations in South America, Africa, and China. Trapped within each of these cores is a climate record spanning more than 8,000 years. It shows that the past 50 years are the warmest in history.
The 4-inch-thick ice cores are now stored in freezers at Ohio State. On the future, says Thompson, that may be the only place to see what's left of the glaciers of Africa and Peru.
A. The latest report from the Intergovernmental Panel on Climate Change, prepared by hundreds of scientists and approved by government delegates from more than 100 nations, states: "There is new and stronger evidence that most of the warming observed over the last 50 years is attributable to human activities". The report, released in January, says that the planet's average surface temperature increased by about 0.6℃ during the 20th
第8题
The favorite day of the work for shoppers is Saturday. In American culture, women do most of the shopping. Teenagers also enjoy shopping with their friends. Men do not enjoy taking the time to be in stores for many hours. There are many places to shop but the best is the shopping mall. A small is a group of many shops where you can buy clothes, furniture, and everything you need for every room of the house. Shopping malls provide parking for cars which is under one roof so the people do not get cold or wet from rain, win , or snow. Mothers can buy clothes for each family members. Shoes, socks, pants,dresses, coats, and sweaters are bought in August for the new school year. Athletic clothes include tennis shoes, heavy white socks, sweat pants, a sweat shirt, and perhaps a ball cap with the name of a favorite sports team from the NBA. For the kitchen ,the mother might buy cooking pots and pans, silverware (spoon , fork and knife), drinking glasses, cups and soup bowls to hold the food. The kitchen table and chairs are bought as kitchen furniture. The cupboards or cabinets that hold the dishes, pots and pans are usually built as part of the house. Furniture for the living room includes a sofa and different chairs. The television set,tape recorder, cassette discs and sound system are sometimes called the entertainment center. Special stores carry all of these items for the home. The bedroom furniture has beds, a dresser with a mirror and a chest of drawers. Blankets, pillows and sheets are on every bed. Finally, there are pictures in most rooms and rugs for the floor. To buy all these things at the mall takes many trips, but mothers enjoy this kind of shopping. Tell whether the following statements are true (T)or false (F)according to the text.
1.According to the text , women in American usually do more shopping than men.()
2.There are many places to shop but the shopping mall is your best choice.()
3.Mothers usually buy clothes for their families in September for the new school.()
第9题
Another view, less widely held, is that increasing particulate matter in the atmosphere is blocking sunlight and lowering the earth's temperature — a result that would be equally disastrous. A drop of just a few degrees could create something close to new ice age and would make agriculture difficult or impossible in many of our top fanning areas. At present we do not know for sure that either of these conditions will happen (though one recent government report prepared by experts in the field concluded that the greenhouse effect is very likely). Perhaps, if we are very lucky, the two tendencies will offset each other and the world's temperature will stay about the same as it is now.
According to the text, people used to think that air pollution______.
A.caused health problem in the countryside
B.influenced the entire eastern half of the United States
C.had damaging effect in the whole world
D.existed only in urban and industrial areas
第10题
Why is that? To some extent the housing sector must shoulder the blame. We have not been good at communicating the real value that housing can contribute to economic growth. Then there is the scale of the typical housing project. It is hard to shove for attention among multibillion-pound infrastructure project, so it is inevitable that the attention is focused elsewhere. But perhaps the most significant reason is that the issue has always been so politically charged.
Nevertheless, the affordable housing situation is desperate. Waiting lists increase all the time and we are simply not building enough new homes.
The comprehensive spending review offers an opportunity for the government to help rectify this. It needs to put historical prejudices to one side and take some steps to address our urgent housing need.
There are some indications that it is preparing to do just that. The communities minister, Don Foster, has hinted that George Osborne, Chancellor of the Exchequer, may introduce more flexibility to the current cap on the amount that local authorities can borrow against their housing stock debt. Evidence shows that 60,000 extra new homes could be built over the next five years if the cap were lifted, increasing GDP by 0.6%.
Ministers should also look at creating greater certainty in the rental environment, which would have a significant impact on the ability of registered providers to fund new developments from revenues.
But it is not just down to the government. While these measures would be welcome in the short term, we must face up to the fact that the existing £4.5bn programme of grants to fund new affordable housing, set to expire in 2015,is unlikely to be extended beyond then. The Labour party has recently announced that it will retain a large part of the coalition’s spending plans if returns to power. The housing sector needs to accept that we are very unlikely to ever return to era of large-scale public grants. We need to adjust to this changing climate.
The author believes that the housing sector______ .
A.has attracted much attention
B.involves certain political factors
C.shoulders too much responsibility
D.has lost its real value in economy
It can be learned that affordable housing has______ .A.increased its home supply
B.offered spending opportunities
C.suffered government biases
D.disappointed the government
According to Paragraph 5,George Osborne may______ .A.allow greater government debt for housing
B.stop local authorities from building homes
C.prepare to reduce housing stock debt
D.release a lifted GDP growth forecast
It can be inferred that a stable rental environment would______ .A.lower the costs of registered providers
B.lessen the impact of government interference
C.contribute to funding new developments
D.relieve the ministers of responsibilities
The author believes that after 2015,the government may______ .A.implement more policies to support housing
B.review the need for large-scale public grants
C.renew the affordable housing grants programme
D.stop generous funding to the housing sector
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