金融学基础

一、名词解释：

1、Money（anything that is generally accepted as a means of payment），2、Liquidity (ease of converting an asset into cash without loss ;the depth of a financial market偿债能力),

3、IPO (first sale of common stock to the general public)，

4、SEC (government agency that enforces the federal securities laws)， 5、bid and ask prices (prices quoted by market makers at which they are willing to buy and sell securities买入价和卖出价会 )，

6、Open market operations (buying and selling of U.S. Treasury securities by the Federal Reserve公开市场操作 )，

7、required reserves (funds that banks must hold against deposit liabilities

存款准备金 ),

8、long position ( purchase of securities in anticipation of a price increase

多头，市价看涨（股票术语 )，

9、Inflation (general increase in prices with special emphasis on increases in consumer prices通货膨胀 ) ，

10、deflation (general decline in prices通货紧缩 )，

11、Fiscal policy (taxation,expenditures,and debt management by the federal government 财政 )，

12、long-term liability (debt that becomes due after one year长期负

债 )，

13、deficit (disbursements exceeding receipts赤字 )，

14、exchange rate (price of a foreign currency;the value of one currency in terms of another 汇率 )，

15、Term structure of interest rates ( relationship between yields and the time to maturity for debt with a given level of risk 利率期限结构 ) 二、简答题：

1. Explain the role of financial market in the transfer of saving into investment.(解释金融市场的作用在转会的储蓄流向投资。P21,1 ) 2. List the tools of monetary policy，and illustrate its goal of the regulation.(列表货币工具,并举例说明其监管的目标。P,1.5.6 ) 3. Contrast long and short position in stocks(对比长和短的位置在股票

P48,4 )

4. Contrast the various money market instruments.(对比各种货币市场

工具。P66,7 )

5. List several sources of systematic risk.(列举了多种来源的系统性风

险。P1,2 )

6. List the ratios used in financial analysis .(列出比率用于财务分析。

P207,4 )

7. Describe three essential components of a nation’s balance of payments;(描述三个必要组成部分国家的收支平衡P101,5 )

8. List three tools of monetary policy used by the Federal Reserve to affect the supply of money and credit;(列出三个工具使用的货币的

美联储将影响货币供应量和信贷P,5 )

9. Define the basic components of a firm’s balance sheet?(定义一个公

司的资产负债表的基本组件吗?P206,1 )

三、计算题：Chapter7：P131

1、(a,interest:$629.b,interest:$500) 6、(NO,she can withdraw $14491) 7、(overvalued$90770) 9、($74000,$74.012 using a finanncial calculator) 10、(between 5 and 6%(5%)) 13、(15%) 14、($10000) 16、(annual payment:$138)

注：翻译与具体步骤，你懂的！