金融市场及机构[15]

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1、专业整理分享Chapter15WhyDoFinancialInstitutionsExist?nMultipleChoiceQuestions1.OfthefollowingsourcesofexternalfinanceforAmericannonfinancialbusinesses,theleastimportantis(a)loansfrombanks.(b)stocks.(c)bondsandcommercialpaper.(d)nonbankloans.Answer:B2.Ofthefollowingsourcesofextern

2、alfinanceforAmericannonfinancialbusinesses,themostimportantis(a)loansfrombanks.(b)stocks.(c)bondsandcommercialpaper.(d)nonbankloans.Answer:D3.OfthesourcesofexternalfundsfornonfinancialbusinessesintheUnitedStates,bondsaccountforapproximately_________ofthetotal.(a)10percent(b

3、)20percent(c)30percent(d)50percentAnswer:C4.OfthesourcesofexternalfundsfornonfinancialbusinessesintheUnitedStates,stocksaccountforapproximately_________ofthetotal.(a)10percent(b)20percent(c)30percent(d)40percentAnswer:A完美DOC格式专业整理分享5.Withregardtoexternalsourcesoffinancingfo

4、rnonfinancialbusinessesintheUnitedStates,whichofthefollowingareaccuratestatements?(a)MarketablesecuritiesaccountforalargershareofexternalbusinessfinancingintheUnitedStatesthaninmostothercountries.(b)Since1970,lessthan5percentofnewlyissuedcorporatebondsandcommercialpaperhave

5、beensolddirectlytoAmericanhouseholds.(c)ThestockmarketaccountedforthelargestshareofthefinancingofAmericanbusinessesinthe1970–2000period.(d)Alloftheabove.(e)Only(a)and(b)oftheabove.Answer:E6.WithregardtoexternalsourcesoffinancingfornonfinancialbusinessesintheUnitedStates,whi

6、chofthefollowingareaccuratestatements?(a)Directfinanceisusedinlessthan5percentoftheexternalfinancingofAmericanbusinesses.(b)Onlylarge,well-establishedcorporationshaveaccesstosecuritiesmarketstofinancetheiractivities.(c)LoansfrombanksandotherfinancialintermediariesintheUnite

7、dStatesprovidefivetimesmorefinancingofcorporateactivitiesthandostockmarkets.(d)Alloftheabove.(e)Only(a)and(b)oftheabove.Answer:D7.(I)IntheUnitedStatesnonbankloansarethemostimportantsourceofexternalfundsfornonfinancialbusinesses.(II)InGermanyandJapan,issuingstocksandbondsist

8、hemostimportantsourceofexternalfornonfinancialbusinesses.(a)(I)istrue,(II)false.(b