It is already five o’clock now. Don’t you think it’s about time______.A.we are going homeB
It is already five o’clock now. Don’t you think it’s about time______.
A.we are going home
B.we go home
C.we went home
D.we can go home
It is already five o’clock now. Don’t you think it’s about time______.
A.we are going home
B.we go home
C.we went home
D.we can go home
A.That's very nice
B.You can't be
C.Oh, certainly
D.All right
A) will have gone
B) had gone
C) would have gone
D) has gone
&8226;You will hear another five recordings. Five people are phoning about conference arrangements.
&8226;For each recording, decide what the speaker's purpose is.
&8226;Write one letter (A-H) next to the number of the recording.
&8226;Do not use any letter more than once.
&8226;After you have listened once, replay the recordings.
A. to request travel information
B. to book a meeting room
C. to postpone an appointment
D. to suggest a future change of venue
E. to ask for a conference programme
F. to cancel a reservation
G. to invite a guest speaker
H. to confirm their attendance
Section B – TWO questions ONLY to be attempted
GNT Co is considering an investment in one of two corporate bonds. Both bonds have a par value of $1,000 and pay coupon interest on an annual basis. The market price of the first bond is $1,079?68. Its coupon rate is 6% and it is due to be redeemed at par in five years. The second bond is about to be issued with a coupon rate of 4% and will also be redeemable at par in five years. Both bonds are expected to have the same gross redemption yields (yields to maturity).
GNT Co considers duration of the bond to be a key factor when making decisions on which bond to invest.
Required:
(a) Estimate the Macaulay duration of the two bonds GNT Co is considering for investment. (9 marks)
(b) Discuss how useful duration is as a measure of the sensitivity of a bond price to changes in interest rates. (8 marks)
A century ago,【C2】______than five percent of all people lived in cities.【C3】______the middle of this century it could be seventy percent, or【C4】______six and a half billion people. Already three-fourths of people in【C5】______countries live in cities. Now most urban population【C6】______is in the developing world.
Urbanization can【C7】______to social and economic progress, but also put【C8】______on cities to provide housing and【C9】______. The new report says almost two hundred thousand people move【C10】______cities and towns each day. It says worsening inequalities,【C11】______by social divisions and differences in【C12】______, could result in violence and crime【C13】______cities
plan better.
Another issue is urban sprawl(无序扩展的城区). This is where cities【C14】______quickly into rural areas, sometimes【C15】______a much faster rate than urban population growth.
Sprawl is【C16】______in the United States. Americans move a lot. In a recent study, Art Hall at the University of Kansas found that people are moving away from the【C17】______cities to smaller ones. He sees a【C18】______toward "de-urbanization" across the nation.
【C19】______urban economies still provide many【C20】______that rural areas do not.
【C1】
A.came on
B.came off
C.came over
D.came out
A century ago,【C2】______than five percent of all people lived in cities.【C3】______the middle of this century it could be seventy percent, or【C4】______six and a half billion people. Already three-fourths of people in【C5】______countries live in cities. Now most urban population【C6】______is in the developing world.
Urbanization can【C7】______to social and economic progress, but also put【C8】______on cities to provide housing and【C9】______. The new report says almost two hundred thousand people move【C10】______cities and towns each day. It says worsening inequalities,【C11】______by social divisions and differences in【C12】______, could result in violence and crime【C13】______cities
plan better.
Another issue is urban sprawl(无序扩展的城区). This is where cities【C14】______quickly into rural areas, sometimes【C15】______a much faster rate than urban population growth.
Sprawl is【C16】______in the United States. Americans move a lot. In a recent study, Art Hall at the University of Kansas found that people are moving away from the【C17】______cities to smaller ones. He sees a【C18】______toward "de-urbanization" across the nation.
【C19】______urban economies still provide many【C20】______that rural areas do not.
【C1】
A.came on
B.came off
C.came over
D.came out
A. grant
B. submits
C. transmits
D. delivers
An Organization that Supports the Arts
Aside from perpetuating itself, the sole purpose of the American Academy and Institute of Arts and Letters is to "foster, assist and sustain an interest" in literature, music, and art. This it does by enthusiastically handing out money. Annual cash awards are given to deserving artists in various categories of creativity: architecture, musical composition, theater, novels, serious poetry, light verse, painting, sculpture. One award subsidizes a promising American writer' s visit to Rome. There is even an award for a very good work of fiction that failed commercially--once won by the young John Updike for The Poorhouse Fair and, more recently, by Alice Walker for In Love and Trouble.
The awards and prizes are total about 750,000 a year, but most of them range in size from 5,000 to 12,500, a welcome sum to many young practitioners whose work may not bring in that much money in a year. One of the advantages of the awards is that many go to the struggling artists, rather than to those who are already successful. Members of the Academy and Institute are not eligible for any cash prizes. Another advantage is that, unlike the National Endowment for the Arts or similar institutions throughout the world, there is no government money involved.
Awards are made by committee. Each of the three departments----Literature (120 members), Art (83), Music (47)-----has a committee dealing with its own field. Committee membership rotates every year, so that new voices and opinions are constantly heard. The most financially rewarding of all the Academy - Institute awards are the Mildred and Harold Strauss Livings. Harold Strauss, a devoted editor at Alfred A. Knopf, the New York publishing house, and Mildred Strauss, his wife, were wealthy and childless. They left the Academy -Institute a unique bequest: for five consecutive years, two distinguished (and financially needy) writers would receive enough money so they could devote themselves entirely to "prose literature" (no plays, no poetry, and no paying job that might distract). In 1983, the first Strauss Livings of 35,000 a year went to short -story writer Raymond Carver and novelist- essayist Cynthia Ozick. By 1988, the fund had grown enough so that two winners, novelists Diane Johnson and Robert Stone, each got 50,000 a year for five years.
Which of the following can be inferred about Alice Walker' s book In love and Trouble?
A.It sold more copies than The Poorhouse Fair.
B.It described the author' s visit to Rome.
C.It was a commercial success.
D.It was published after The Poorhouse Fair.
阅读理解:根据文章内容,判断正误。
A SPEECH ABOUT MY HOMETOWN
My lovely hometown is located on the south shore of an island. It's a small town with only about 9,000 people and an area of about 3.8 square miles.
First, I want to talk about the people in the neighborhood. Generally speaking, people are very nice here, especially in summer. I feel that in summer everyone is in a great mood, and very generous. For example, one summer afternoon, I was at the gas station filling up my car and was short of money. Generously an old gentleman gave me the money to pay the gas attendant. That's the type of people you can expect from my hometown.
The greatest part about the town, in my opinion, is the location. The Great Bay is five minutes away from my house and it's fantastic. Another great thing is how close everybody lives to each other. With it being such a small town, all my friends live five minutes away, which is a great advantage to me and everyone else. Lastly, the nightlife is great. On any Saturday night every bar is packed with people, so there's always something going on.
So far I've explained the good side of my hometown, but there are also some boring things about it. It is great in summer, but it is a different story in winter. When winter comes around, the town turns into a “ghost town”. This is because there is nowhere to go. The only thing we have is a shopping center. It would be nice if we had a few more options to choose from.
操作提示:正确选T,错误选F。
1. My lovely hometown is located on the north shore of an island. {T; F}
2. Once I was at the gas station filling up my car and didn't have enough money with me.{T; F}
3. I don't think it a great advantage that all my friends live five minutes away.{T; F}
4. On any Saturday night every bar is full of people.{T; F}
5. When winter comes around, we still have many options to choose from. {T; F}
Which of the following best sums up the whole passage?
A.Malthus" prediction has been proved to be correct by modern experts.
B.Hydroponics is a new development in agriculture.
C.Hydroponics may be the answer to the world food shortage in the future.
D.Conventional methods of agriculture should be improved so as to step up food production by two percent every year.